There's Good and Bad News Coming for High-Earning Workers

Social Security 2025: There's Good and Bad News Coming for High-Earning Workers
The Social Security Administration recently announced the cost-of-living adjustment (COLA) for 2025, and beneficiaries can expect a 2.5% raise (amounting to around $50 per month for the average retiree) heading into next year.
When Are December 2024 Social Security Payments Coming?
Anyone born between the 21st and 31st of any month will have their benefits paid on December 27. January payments for SSI and Social Security for those who have been claiming since before July 1997 will be made on December 29 as January 1 is a holiday.
73% of workers worry Social Security won’t be able to pay retirement benefits. Here’s what advisers say.
Gen Xers say they are worried they may not receive their benefits at retirement age if Social Security funds are depleted.
73% of workers worry Social Security won't be able to pay retirement benefits. Here's what advisors say
Social Security faces a 2033 depletion date for the trust fund it relies on to pay retirement benefits, according to the program’s trustees.
The 2025 Social Security COLA Was Announced Last Month. Here's What That Means for Retirees
Social Security helps millions of older Americans stay afloat financially. And without those benefits, many would struggle to make ends meet. Retirees who get most or all of their income from Social Security also rely on the program's annual cost-of-living adjustments (COLAs) quite heavily to ensure that they're able to keep up with their bills from year to year.
The 3 Biggest Changes Made to Social Security in 2024 and How They Affect Your Paycheck
Various news stories about Social Security have made headlines throughout the year, ranging from questions concerning its solvency to arguments over how the program should be funded. Particulars
I'm Afraid Social Security Will Run Out of Money. Is My Retirement Doomed?
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. If you were to ask a room full of retired people whether they’re worried about the future of Social Security,
Nearly 3 in 4 Americans fear Social Security won't be available when they retire, poll finds
A new survey reveals widespread concerns among Americans about the future of Social Security benefits as the program faces potential funding shortfalls.
73% worry Social Security won’t pay promised benefits: Survey
Most nonretired U.S. adults, 73%, are worried they won’t get their promised Social Security benefits when they retire.
Social Security update: December direct payment worth $943 goes out in six days
December’s Supplemental Security Income payment, worth up to $943, will go out to millions of people in six days. The next ...
Working and Collecting a Social Security Benefit? Big Changes Are On the Way in 2025.
Social Security's cost-of-living adjustment (COLA) isn't the only notable change to America's top retirement program in 2025.
Senate has 6 weeks to vote to lift Social Security for public workers. Will it?
Public sector workers are anxiously waiting to see if the Senate will vote to finally eliminate provisions that cut their ...
No, the president cannot change Social Security
VERIFY readers asked if the president can change Social Security. Its tax rate and benefits are set by law, so it would take ...
Medicare premiums rise for 2025, nicking retirees' Social Security checks
Seniors awaiting bigger Social Security checks next year may be shocked to discover higher Medicare premiums will eat up a ...
Martin O'Malley, former Maryland governor, to run for DNC chair, resigns from Social Security Administration
Former Maryland Gov. Martin O'Malley is resigning as Social Security Administration commissioner to run for chairman of the ...
Social Security update: December direct payment worth $943 goes out in eight days
The Supplemental Security Income payment for December, worth up to $943, will go out to millions of beneficiaries in eight ...
I’m 54, but my wife is already 63. Can she claim on my Social Security record as a spouse?
Dear Fix My Portfolio, I have a quick question about Social Security. I’m currently 54 and my wife is 63. We’ve been married ...