Major Social Security Updates for 2025: What Beneficiaries Need to Know
TL;DR Summary
In 2025, Social Security will see two significant changes: a 2.5% cost-of-living adjustment (COLA) and increased earnings limits for those working while collecting benefits. The COLA will raise the average monthly benefit from $1,927 to $1,976, though many retirees feel this increase is insufficient given past larger adjustments and ongoing inflation. Additionally, higher earnings limits will benefit those who continue to work while receiving Social Security.
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