Social Security Recipients to Get $38 Extra Due to 2025 COLA Increase

Social Security Recipients to Get $38 Extra Due to 2025 COLA Increase

In the first Social Security payment of 2025, SSDI (Social Security Disability Insurance) recipients do not receive the COLA (Cost-of-Living Adjustment) increase. These are changes made to account for rising living costs and are intended to give all Americans on disability benefits more money. If you are eligible for SSI (Supplemental Security Income), you can … Read more

Retirees Aged 70 Could Receive $5,108 on January 15 or 22 if They Meet Social Security Requirements

Retirees Aged 70 Could Receive $5,108 on January 15 or 22 if They Meet Social Security Requirements

The average payment that will be given to the 60-year-old retirees with effect from January 2025 amounts to $2,118. Meanwhile, the total average sum to be gotten per person may be different because some still manage to qualify in 2023 to the tune of up to $5,108 as of January. Requirements for Social Security Meeting … Read more