Here's the Average Monthly Social Security Check Today -- and What Your Retirement Might Look Like if It's Your Only Income
As of 2022, Americans aged 65 to 74 had a median retirement savings balance of $200,000, according to the Federal Reserve. But many older Americans approach retirement with no savings at all and instead rely on Social Security to cover their senior living expenses.
Social Security October 2024: Here's When Your Check Should Arrive
The month of October is just days away and that means your next Social Security check should be hitting your bank account soon. When exactly you receive your check depends on a couple of factors, like how long you've been receiving benefits and what day of the month you were born.
Social Security 2025: We Know the COLA Number, But Here Is the Real Increase Next Year
The annual cost of living adjustment (COLA) by the Social Security Administration (SSA) to Social Security payments for 2025 is expected to be 2.5%, the smallest COLA increase in the past three years.
Social Security's 2025 Cost-of-Living Adjustment (COLA) Forecasts Are in Agreement -- Here's How Much the Average Check Is Expected to Rise Next Year
Social Security's smallest cost-of-living adjustment (COLA) since 2021 is liable to leave retirees wanting more.
Social Security COLA raise: How much will recipients get in 2025?
The Social Security Administration is less than two weeks away from announcing its cost of living adjustment (COLA), the annual bump in recipients' payments to help them deal with inflation.
Five things to know about Social Security reforms being considered in Congress
Legislation that would reform some aspects of Social Security is gaining steam in Congress. The measure, dubbed the Social ...
3 Things to Know About Social Security's 2025 COLA as the Official Announcement Gets Closer
The average monthly Social Security benefit today is about $1,920. And if 2025's Social Security COLA ends up being 2.5%, ...
This Social Security plan will increase taxes, and Americans want it
Blanket Social Security payroll tax increases are not popular, but there's one tax hike a lot of Americans can get behind.
Five changes taking effect in 2024 that could affect Social Security benefits
Social Security benefits are constantly changing with the economy, resulting in several benefits changes this year.
Raising the full retirement age to 69 would cut Social Security benefits — and it wouldn’t save the program
Raising Social Security’s full retirement age by two years to age 69 would decrease individuals’ lifetime benefits and ...
This Was the Average Social Security Benefit in 1964, and Here's What It Is Now
Its average increases have seemingly kept pace with inflation, but they haven't necessarily kept up quite as well with ...
How to Fix Social Security to Protect the Young and Old
Without Social Security, nearly 40 percent of seniors would fall into poverty. Before Medicare, most seniors had no health ...
Mark your calendars: 3 Social Security COLA dates to know for 2025
Technically, the Social Security Administration will apply the 2025 COLA to your December 2024 payment. But since you receive ...
California Social Security Gets New Requirements for Some Beneficiaries
By passing AB 2906, Newsom will now ensure that Social Security survivor benefits go to the foster youth they are intended ...