Its effectiveness against inflation is further enhanced by the projected 2.5% Social Security COLA increase for 2025 benefits being highlighted in this article on strategies to maximize Social Security income from delayed claiming, working 35 years, and coordinating spousal benefits. Consequently, planning is an important skill to learn for retirement comfort. Social Security Increase in … Read more
Ready to apply for Social Security benefits soon? Good news for you: The Social Security Administration (SSA) announced a sizable increase in payments for 62-year-old retirees-in-need, beginning in March 2025. And that forms part of the Cost-of-Living Adjustment (COLA) that keeps the Social Security benefits on pace with inflation, enabling retirees to enjoy financial stability. … Read more
Oakland Social Security office. It was barely past 8:30 AM but the line swung around some corner. Elderly couples huddled together on extra folding chairs they’d brought from home, as younger adults with disabilities checked their phones obsessively, hoping not to miss work time. A sixty-two-year-old lady, Marlene, pinching a carefully organized folio of papers … Read more