A fourth consecutive year of an above-average cost-of-living adjustment (COLA) is set to lift Social Security benefits in the new year.

The Cost of Living Adjustment is rising in 2025, which will change the amount of money people will receive in their Social Security checks.

Social Security's 2025 cost-of-living adjustment (COLA) bumped the average benefit from $1,927 per month to $1,976 per month. It's a $49 increase, but many hoped for more. Despite slowing inflation, some retirees still find it difficult to make ends meet,

Nearly half a million retirees and thousands of others in Mississippi are set to see increases to their Social Security benefits in the new year.

The U.S. Senate recently voted to proceed with the Social Security Fairness Act, a bipartisan bill that could expand Social Security benefits for nearly 3 million Americans. The bill passed in the House of Representatives in November and is now on its way to President Biden's desk.

In 2025, the Social Security system in the United States will undergo major changes impacting millions who rely on it for financial support. Staying informed about these adjustments is crucial for beneficiaries to plan their financial future effectively.

The Social Security Administration (SSA) has announced that retirees and people with disabilities will see an increase in their Social Security checks in 2025. The new payment schedule and planned increase are set to take effect next year.

The average Social Security benefit is expected to be about $1,976 per month for retired workers in 2025. That amounts to about $24,000 per year, but most retirees won't get to keep that much. For starters,