2025 Social Security COLA to increase benefits by $50 a month on average Social Security’s 2025 price-of-residing adjustment (COLA) is set at 2.5%, giving beneficiaries a mean growth of $50 a month. The growth is intended to help retirees hold up with inflation, however some sense the accelerated amount won’t be enough to keep up … Read more
$5,108 Social Security payment on March 12 – The Social Security Administration (SSA) has announced that starting March 12, 2025, eligible beneficiaries may receive a maximum monthly payment amount of up to $5,108. This payment will be based on the beneficiaries’ date of birth and when they started receiving benefits. This article will give you … Read more
Good news for millions of retired employees of America! The Social Security Administration (SSA) has made an important change. With the implementation of the Social Security Fairness Act (SSFA), the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) have been eliminated. Both these rules used to cut the Social Security pension of those … Read more
Social Security benefits are a vital income source for millions of people in the U.S., especially for retirees and disabled citizens. Many beneficiaries will receive their monthly payment on Wednesday, February 12, 2025, and for some, the amount may be $2,000 or more. If you want to know if you’ll get this payment, you need … Read more
$7.5 Billion In Retroactive Social Security: The Social Security Administration (SSA) in the US recently took a historic step and issued retroactive payments of more than $7.5 billion to more than 1.13 million beneficiaries. This change comes after the removal of the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) under the Social … Read more
Social Security payments: The March 12 Social Security payment date is fast approaching, and the administration will soon begin processing checks and deposits. The amount of your payment will depend on whether you are receiving Social Security Disability Insurance (SSDI) or retirement benefits. Average Social Security Payment By January 2025, the average retired worker will … Read more
Social Security is a vital financial resource for millions of people in the United States. It provides stable income for retirees, individuals with disabilities, and survivor families. But some beneficiaries could face a reduction of up to $300 in their monthly payments in 2025. In this article, we will explain why this cut is happening, … Read more
CRA Releases $2,254 OAS Payment for 2025: The Canada Revenue Agency (CRA) has released the $2,254 Old Age Security (OAS) payment for 2025, which is an important financial support for seniors. This payment is extremely important for retired citizens who depend on OAS for a large part of their retirement income. If you want to … Read more
There are two important events happening in March that will affect millions of retirees in the US. First, Daylight Saving Time begins at 2 a.m. on March 9, 2025, causing clocks to move forward one hour. Second, retirement benefit payments under Social Security will be issued on March 12. These payments will come just a … Read more
