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Social Security is the backbone of many Americans' retirement budgets. The government program accounts for at least 50% of household income for about half of people aged 65 and older, according to ...
Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits accordingly. ... But a handful of little-known "Social Security secrets" could ...
View the "Social Security secrets" » The Motley Fool has a disclosure policy . Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services.
In 2024, Social Security recipients saw their benefits rise by 3.2%. But inflation has cooled to a large degree in 2024, compared to 2023. Because of this, 2025's Social Security COLA isn't ...
Social Security's maximum benefit hit an all-time high this year at $4,873 per month. That's more than what many of today's workers take in. But it's not a realistic expectation for most people ...
Image source: Getty Images. 1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January ...