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The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.
The current Social Security COLA projection for 2025 is 2.5%, according to the Senior Citizens League. TSCL updated its 2025 COLA prediction based on August's CPI-W data, which came in at 2.5%.
That’s a difficult scenario, given the financial reality of retirement living in the United States. Social Security: 50% Cuts Are Coming for Boomers’ Cost of Living Adjustment Next Year
Of particular importance to seniors is what Trump might do to Social Security during a potential second term. Read Next: Trump-Era Tax Cuts Are Expiring — How Changes Will Impact Retirees
SS United States is a retired American ocean liner that was built during 1950 and 1951 for United States Lines.She is the largest ocean liner to be entirely constructed in the United States and the fastest ocean liner to cross the Atlantic Ocean in either direction, retaining the Blue Riband for the highest average speed since her maiden voyage in 1952, a title she still holds.
Seniors who also qualify for Supplemental Security Income (SSI) benefits will receive their January payment on Dec. 30. According to the SSA website, SSI benefits are usually paid on the first of ...
English: The SS United States was an oceanliner built in 1951. Renowned for her record-breaking trans-Atlantic speed records, the ship has since fallen into disrepair. The photo shows a passageway on Main Deck that lead to 1st-class cabins on the left.
Social Security recipients will soon find out what their new monthly payments will be in 2023 after the 8.7% cost-of-living adjustment (COLA) kicks in. Beginning in December, the Social Security...