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
In communities around America, mailboxes are full and bank accounts filled with the eagerly awaited March Social Security benefits. For an estimated 1 million Americans counting on these regular payments, knowing exactly what they can expect is more than being curious—it’s a matter of planning and finance. This month’s payout focuses attention as it arrives … Read more