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The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [ 2 ] by Article 9, Section 15 of the Alaska State Constitution [ 3 ] under Governor Jay Hammond and Attorney General Avrum Gross .
Monthly checks will get a 2.5% boost from the COLA next year. Even a relatively small withdrawal from a retirement account for a couple will push some of their Social Security income into taxable ...
Each year, there's a wage cap put in place that determines how much income is taxed to fund the program. In 2025, that cap is $176,100, up from $168,600 in 2024.
The standard monthly Part B premium is increasing from $174.70 to $185. And that extra $10.30 is going to eat into a lot of seniors' raise, since many are enrolled in Social Security and Medicare ...
Image source: Getty Images. 1. A higher monthly benefit. Each year, Social Security benefits are eligible for a cost-of-living adjustment (COLA). The purpose of COLAs is to help ensure that ...
Image source: Getty Images. 1. It won't cover everything. Though many seniors live almost exclusively off Social Security, the program wasn't intended to be your sole source of retirement income ...
A good news/bad news scenario awaits retirees in the new year.
In addition to pulling approximately 16.5 million seniors aged 65 ... Social Security beneficiaries have enjoyed a meaningful boost to their monthly checks, with cost-of-living adjustments of 5.9% ...