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A photo of a Social Security card and some cash. Social Security payments lag by a month, so the payments for December of 2024 will be sent in January of 2025.
The 3 most important dates for the Social Security COLA. I won't keep you in suspense. The three critically important dates for the 2025 Social Security COLA are: Aug. 14. Sept. 11. Oct. 10.
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 2025. As of the latest data ...
Birth Year. Full Retirement Age (FRA) 1943 to 1954. 66. 1955. 66 and 2 months. 1956. 66 and 4 months. 1957. 66 and 6 months. 1958. 66 and 8 months. 1959. 66 and 10 months
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 most notable change to Social Security benefits in 2025 should be good news. All current recipients will receive a boost to their monthly benefit thanks to the Social Security cost-of-living ...
An understanding of your FRA is critical in making your Social Security claiming choice because if you claim benefits before your full retirement age, you shrink the payments you receive ...
Boosting Your Social Security Benefit if You're Short on Years If you're nearing retirement age and don't have a full 35 years of earnings, adding just a few more years – even at a lower salary ...