The government will announce the 2025 Social Security cost-of-living adjustment (COLA) in October. The latest projections put it at 2.57%, with estimates for COLAs over the next decade being even lower. Smaller COLAs mean lower inflation, but they also force seniors to come up with new ways to make up...

The 2025 Social Security COLA Could Be the Largest We See for a Long Time. Here's Why That's Bad News for Seniors

The Motley Fool

Low inflation numbers should ultimately benefit retirees.

The 2025 Social Security Cost-of-Living Adjustment (COLA) Forecast Just Changed, and It Could Pleasantly Surprise Many Retirees

A large number of US retirees rely on Social Security for financial support. The social security administration states that nearly 1 in 2 households with someone aged 65 or older rely on social security as their single source or at least half of their income. Seniors who do not receive any form of assistance from the government would go through very tough times.

Social Security Cost-of-Living Adjustment 2025 Predictions: COLA Rise to 36% for Seniors, Retirees Amid Inflation

SmartAsset

Planning for retirement can be both exciting and challenging. Figuring out how much you can realistically spend each year is a key piece of that puzzle. For example, a 62-year-old with $800,000 in savings and a monthly Social Security benefit of $2,600 can reasonably expect an annual income of $63,200 in retirement. Figuring out how […] The post I’m 62, Have $800,000 and Will Receive $2,600 Monthly from Social Security. What's My Retirement Budget? appeared first on SmartReads by SmartAsset.

I'm 62, Have $800,000 and Will Receive $2,600 Monthly from Social Security. What's My Retirement Budget?

According to a recent analysis, Medicare and Social Security analyst Mary Johnson projects that in 2025, the Cost of Living Adjustment (COLA) for Social Security benefits will be lower. Relative to her May projection of 3.2 percent, she now projects a 3 percent increase in payments for seniors, survivors, as...

2025 Social Security COLA: Expected Impact on Disability Benefits

Social Security's 2025 cost-of-living adjustment (COLA) forecast continues to climb -- but it's not great news for most retirees.

Here's Exactly How Much Social Security Checks Are Forecast to Rise in 2025

Major changes to Social Security will be announced that day, including a 2025 COLA.

October 10 Is a Huge Day for Social Security This Year. Here's Why.

FinanceBuzz

A cost of living adjustment means higher social security checks and more spending power, thanks to lower inflation.

Retirees Could Be Making More Money in 2025 Thanks to 'Significant' Cost of Living Adjustment

The 2025 projection for a cost-of-living adjustment (COLA) just dropped from 2.66% to 2.57%. COLAs are based on third-quarter inflation data, so we won't have an actual number until October. A smaller COLA means inflation is easing, so seniors shouldn't panic if the final number comes in even lower. Next...

The 2025 Social Security COLA Is a Good News/Bad News Situation for Retirees

Social Security has been making cost-of-living adjustments based on inflation data since 1975. The average COLA has been 3.77% in the 49 years since the modern method started. The COLA that goes into effect for 2025 could be significantly below the long-term average. Social Security's cost-of-living adjustments help retirees keep...

Here's the Average Social Security COLA From 1975 to 2023

As president, Trump called for the elimination of the Education Department's debt relief programs, including the popular Public Service Loan Forgiveness initiative, which benefits public employees such as members of the U.S. Armed Forces, first responders, public defenders, prosecutors and teachers. He also wanted to slash the department's budget, and...

Trump may roll back student loan forgiveness programs if elected to second term

Fox News

Glenmark Pharmaceuticals Inc. issued a recall for some of its Potassium Chloride Extended-Release Capsules over a "failed dissolution" that may cause heart attacks.

Potassium chloride medications recalled due to failure that could cause heart attacks: FDA

Mediaite

Stormy Daniels believes Trump will try to make "more of an example" out of her in a second term and his supporters could become more "bold" in their threats.
The post Stormy Daniels Tells Rachel Maddow Trump Will ‘Make More of an Example’ of Her In Second Term first appeared on Mediaite.

Stormy Daniels Tells Rachel Maddow Trump Will ‘Make More of an Example’ of Her In Second Term

Chris Meekins, Raymond James health care policy analyst, joins 'Fast Money' to talk drug pricing and the impact it could have on the 2024 election.

Raymond James' Chris Meekins talks drug pricing and the upcoming election

We're through the first week of June, and if you began to receive Social Security benefits before May 1997, you should have already received your check. Three more checks are scheduled to arrive throughout the month. Additionally, if you're still waiting on your May check, this could be why it hasn't arrived.

Social Security Check June 2024: When Is Your Payment Coming?

3 Ways Social Security Could Change for the Better in 2025

USDA loans allow eligible homebuyers to get zero-down-payment mortgages in rural areas. Because they're backed by the U.S. Department of Agriculture, these loans have lower rates and more flexible credit requirements than conventional mortgages. They also don't require private mortgage insurance, which can add more than 2% to your loan annually.

What is a USDA loan and am I eligible?

Social Security is facing a funding shortfall that could result in reduced benefits down the line. A bigger near-term problem is that the program's cost-of-living adjustments (COLAs) aren't keeping up with inflation. Changing the way COLAs are calculated could address that issue. Social Security may get slashed. But there's another...

Forget Benefit Cuts: Here's an Even Bigger Problem With Social Security

California State

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Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Experts predicted that problems with the new Free Application for Federal Student Aid would weigh heavily on enrollment and students' college choices. A recent study found that 76% of students said the financial aid amount awarded to them, and the overall financial aid process, was the top driver in their choice about where to go to college.

FAFSA issues force hard choices: 44% of students said college decisions came down to $5,000 in aid

NewsBreak

Social Security cost-of-living adjustment may be lower in 2025. These charts help show why

Many retirees are still feeling the impact of higher prices. Yet data points to a lower Social Security cost-of-living adjustment in 2025. Here's the most recent...

Social Security cost-of-living adjustment may be lower in 2025. These charts help show why

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