Unexpected Cuts in Social Security Benefits – What Retirees Need to Do

Joe Biden

Planning for retirement can be exciting, especially when considering Social Security benefits. Many envision these benefits as a ticket to fulfilling dreams or simply living comfortably. However, the reality might be different. The average Social Security payment for retired workers is about $1,917 per month. This amount can vary significantly based on individual circumstances, such … Read more

New Benefits for Retirees Starting in 2025 – Planned Changes by Social Security

Joe Biden

The cost-of-living adjustment (COLA) significantly impacts Social Security benefits, making it a crucial issue for retirees and beneficiaries. The Senior Citizens League (TSCL) has recently provided updated estimates, suggesting the COLA for 2025 could be between 2.6% and 3%. While this is less than the 3.2% COLA for 2024, there are several reasons why retirees … Read more