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If the federal government shuts down this weekend, ... December 20, 2024 at 10:33 AM. ... But Social Security benefits would still go out.
The average monthly Social Security benefit will increase from $1,927 to $1,976 in 2025 after the cost-of-living adjustment this year, according to the Social Security Administration.
During Trump’s first term, the government shut down three times, including a 35-day closure spanning the end of 2018 into early 2019 that remains the longest in U.S. history. –Michael Collin s
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out. Social Security bill to expand benefits is in the hands of ...
Social Security Tax Threshold Increased in 2024. As AARP explained, Social Security benefits are largely funded via payroll taxes — and that tax rate is 12.4% of earnings. While in 2023 earnings ...
According to a CBS News analysis of federal data, these policies are one of the most common reasons for Social Security overpayments, which have totaled more than $450 million in fiscal years 2017 ...
The Social Security COLA is 3.2% in 2024. Official COLA data for 2025 won't be released until October, but early estimates predict it will be around 2.6%, according to The Senior Citizens League ...
For example, if you earned $175,000 in 2024, $6,400 would be exempt from Social Security payroll taxes. However, if you earn $175,000 in 2025, all of it will be subject to taxes because it's below ...