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A December 2024 government shutdown could happen on Friday. ... The average monthly Social Security benefit will increase from $1,927 to $1,976 in 2025 after the cost-of-living adjustment this ...
With a partial government shutdown beginning on Sunday looking ever more likely amid an ongoing standoff in Congress, the U.S. Labor Department has advised that all economic data gathering and ...
Social Security recipients and others on fixed incomes will soon see a slight increase in their monthly benefit checks from the U.S. government. ... increase by 3.2%, or $59 a month, for 2024 ...
When would a government shutdown start? If Congress doesn’t approve a continuing resolution or more permanent spending measure by Friday, the federal government will shut down. When the fiscal year ended Sept. 30, Congress passed a temporary funding bill to keep the government in operation. That measure expires on Friday.
The money for Social Security benefits is not part of the federal government's budget but is a separate fund. Will Medicare benefits still be paid in a government shutdown?
The maximum amount of earnings subject to the Social Security payroll tax will increase to $168,600 in 2024 from $160,200 in 2023, which will mainly impact those with high salaries. Workers pay a ...
The 2024 Trustees Report says that if the government makes no changes to Social Security, the program would be able to pay out only 79% of scheduled benefits to retired workers and their families ...
Millions of Social Security recipients will get a 3.2% increase in their benefits in 2024, far less than this year's historic boost and reflecting moderating consumer prices. The cost-of-living ...