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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 ...
The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%. This is under the 3.2% increase retirees saw last year. This is under the 3.2% increase ...
Importantly, the Social Security payroll tax rate is 6.2% for the vast majority of workers. So, the maximum tax burden in 2025 is $10,918.20. That number is the product of $176,100 multiplied by 6.2%.
Image source: Getty Images. The good news coming in 2025 1. The COLA is increasing. The first piece of good news is that beneficiaries will see a 2.5% bump in benefits beginning in January, thanks ...
Image source: Getty Images. 1. The cost-of-living adjustment. Seniors get a bump in their Social Security benefit every year called the cost-of-living adjustment ().The 2025 COLA of 2.5% was ...
Here are six recent and upcoming changes to know about now. 1. There's a new COLA coming for 2025 ... changes regarding Social Security relates to its long-term health. Per the 2024 Annual Report ...
You could lose your Social Security, disability, or SSI benefits if you don't report a change in marital status to the Social Security Administration (SSA), as GOBankingRates reported recently....
Arguably, the biggest change coming to Social Security in 2025 is the annual cost-of-living adjustment, or COLA. Technically, this takes effect with the December 2024 payment, but since Social ...