Consequently, the SocialSecurity program has operated at a loss since 2021, and the trustees estimate the trust fund will be depleted in 2035. At that point, only 83% of scheduled benefits ...
SocialSecurity's annual cost-of-living adjustment (COLA) for 2025 is projected to be 2.5%, which would be the smallest benefit boost since 2021 as the pace of inflation slows. A new report by ...
Millions of public sector workers will see an increase in SocialSecuritybenefits after President Joe Biden signed the SocialSecurity Fairness Act. The bill eliminated previous provisions ...
For 2025, the bump will be even smaller at 2.5%, which is the tiniest increase since 2021. However ... On average, SocialSecurity retirement benefits will rise by about $50 per month starting ...
The SSA Suspends Payments If You Go To Jail or Prison If you’re incarcerated for more than 30 days as a sentence for a criminal conviction, the SSA will suspend your SocialSecuritybenefits.