Social Security Insights

Social Security benefits are indexed to inflation to maintain retirees’ buying power. Social Security benefits will increase 2.5% in 2025, a much smaller cost-of-living adjustment (COLA) than in recent years due to cooling inflation. Average Social Security benefits will increase by about $50 per month.
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Social Security Benefits Expanded for Millions of Public-Sector Workers

On January 5, 2025, President Joseph Biden signed the Social Security Fairness Act into law. The legislation, approved by overwhelming majorities in the House and Senate during the final months
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Congress Approves Social Security Benefit Expansion for Millions

In the final days of the 118th Congress, on December 21, 2024, the Senate voted 76-20 to repeal two controversial federal rules that reduced or eliminated Social Security benefits for
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Higher Medicare Premiums, Surcharges Announced for 2025

Medicare enrollees will pay about $10 more monthly for Part B insurance premiums in 2025. Some will pay even more due to monthly surcharges imposed on high-income individuals and married
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Social Security Benefits to Increase 2.5% in 2025

(October 10, 2024) Social Security and Supplemental Security Income (SSI) benefits for more than 72 million Americans will increase by 2.5% in 2025, the lowest annual cost-of-living (COLA) adjustment in
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Americans Want Congress to Fix Social Security Now

Social Security is an enormously popular program and serves as the basis of most Americans’ retirement plan. But the program faces long-term financing problems and the combined Social Security trusts
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Changes Coming to Online Social Security Account Access

While it normally pays to be skeptical about any unsolicited emails you receive from the Social Security Administration, the latest missive sent from the federal agency in mid-July is not
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Social Security Funding Solvent Through 2035

The latest Social Security Trustees’ report shows that the nation’s crucial retirement and disability program will be able to pay full benefits through 2035—one year later than projected in the
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Social Security in 2024 and beyond

Benefits will be higher next year, but long-term financial concerns persist. As I write my final column for InvestmentNews, I’ll end the year the way I began: looking ahead to scheduled changes in Social
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Social Security do-overs and lump sums 

People who claimed Social Security early and now regret it have two opportunities to reverse that decision. We all have regrets. But for people who claimed Social Security early and
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Social Security rules on kids’ benefits

Caregiving parents may receive benefits regardless of their age. While Social Security is the bedrock of retirement income for many Americans, it can also serve as a lifeline for children
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