Columbus, OH

The Motley Fool

A shakeup is coming to Social Security. See what's in store for 2025.

These 3 Social Security Changes Are Coming in January. Prepare Yourself Now.

Don't just rely on Social Security to come through for you.

Social Security Benefits Will Increase in 2025 – but This Move Could Put More Money in Your Pocket Than Next Year's COLA

FinanceBuzz

Did you know Social Security benefits can decrease? From taxes to identity theft, here are 15 ways your Social Security benefits can shrink.

Your Social Security Check Might Shrink If You Live in One of These 9 States

A few weeks after promising to eliminate taxes on tips, former President Donald Trump has unveiled a second proposal for targeted tax relief. The beneficiaries this time would be senior citizens, an influential voting bloc.

Trump wants to stop taxing Social Security benefits. Here’s what that could mean for seniors

NewsNation

Find out how much you can expect in retirement benefits using NewsNation's Social Security calculator.

Social Security calculator: Figure out your monthly benefits

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American Insight

Seniors may get a check as high as $4,873 from Social Security, but no retiree's payment can be bigger than that in 2024. Here's why. It’s a common misconception that high earners receive larger Social Security checks than those with more modest incomes.

Here's the most you can earn from Social Security in 2024

Social Security benefits are on pace to get a below-average cost-of-living adjustment (COLA) in 2025

Social Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025. But There Is a Big Problem for Retirees.

You may not get to keep all of your benefits after all.

Is the IRS Coming for Your Social Security Check?

Mediaite

Former federal prosecutor and NBC legal analyst Glenn Kirschner said that if Donald Trump loses the 2024 election, he will “spend the rest of his miserable life in court” or in prison. During a conversation on SiriusXM’s The Dean Obeidallah Show, host Dean Obeidallah asked about how and...

Former Federal Prosecutor: If Trump Loses Election He Spends ‘Rest of His Miserable Life’ in Court or Prison

Fox Business

Republican presidential nominee and former President Trump said in a social media post on Wednesday that he wants to make Social Security tax-free for senior citizens.

Trump declares seniors should not pay taxes on Social Security

SmartAsset

For many people, early retirement means 62. This is the age they can start withdrawing money from their retirement accounts and receive Social Security. For example, let's assume an individual with $425,000 in a Roth IRA, a $1,000 monthly pension, and expect $1,600 in Social Security. Is it going to be enough? As often in […] The post I’m 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.

I'm 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now?

A "record-breaking backlog" of pending actions has led to an estimated $1.1 billion in improper beneficiary payments, according to a new report. Experts say the Social Security Administration needs more funding in its budget to properly address a "customer service crisis." The Social Security Administration faces a "record-breaking backlog" of...

'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds

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Dicle Belul

The Senior Citizens League's new prediction for the 2025 Social Security cost-of-living adjustment (COLA) may leave seniors disappointed as it is estimated to be 2.57 percent. This is lower than the 3.2 percent COLA seniors received in 2024, indicating a potentially smaller increase in monthly benefit checks next year. Despite previous years seeing higher COLA percentages aligning with elevated inflation rates, the current estimate reflects a moderation in inflation rates, which could impact the adjustment for Social Security recipients.

2025 Social Security COLA May Disappoint Seniors

Business Insider

Former President Donald Trump said he wants to end Social Security taxes for older adults. It could drain the fund quicker.

Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.

Retirees in These 9 States Risk Losing Some of Their Social Security Checks

The most popular claiming age for Social Security hasn't changed since its inception. Many see full retirement age as the best choice, striking a middle ground. This increasingly popular claiming age could be the best option for you, though. About half of retirees claim at one of these three ages.

Here Are the Most Popular Ages to Claim Social Security and Their Average Monthly Benefits

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Raising the retirement age for Social Security even by just a year or two would result in significant reductions in payments for most Americans, a new analysis shows. Under the current Social Security system, the full retirement age is 67, but people can claim benefits as early as age 62 or as late as age 70. If you wait to collect Social Security, your monthly payments will be larger: Claiming at 62 means a 30% penalty, and waiting until 70 means a 24% bonus.

Raising Social Security Retirement Age ‘Would Cut Benefits by Thousands’: Analysis

William Saint Val

The Social Security Act was designed to provide a safety net, and nearly 90 years later, this social policy has become lifeline for millions of retirees and disabled Americans.

Sure, Social Security might disappear—but this is the day it was passed into law

Social Security beneficiaries should prepare for several changes in 2025 that will impact their monthly benefits. The most significant adjustment will be the cost-of-living adjustment (COLA), which is estimated to be around 2.7% based on current inflation trends, according to the Senior Citizens League. However, higher-than-expected inflation could push this number even higher.

Social Security’s 2025 COLA estimate updated

NewsBreak

Trump's plan to end taxes on Social Security income is a 'fatal mistake,' lawmaker says. What that could mean for benefits

As Social Security marked its 89th anniversary, the program faces looming fund depletion dates. Lawmakers have suggested tax changes, including eliminating taxes on benefits or raising...

Trump's plan to end taxes on Social Security income is a 'fatal mistake,' lawmaker says. What that could mean for benefits

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