50% of Retirees May Return to Work Because of an Insufficient 2025 Social Security Cost-of-Living Adjustment (COLA)
In an ideal world, you’ll kick off retirement with a nice pile of savings you’ve built up through the years. In reality, many older American end up retiring on Social Security alone. And people in that boat unfortunately risk a world of financial hardship — especially when Social Security benefits don’t rise very much from […]
This Big Social Security Change Was Just Announced, and It Will Affect Your 2025 Benefits
The Social Security Administration (SSA) made an important announcement on Oct. 10, 2024. It will affect every retiree, as well as those receiving other Social Security benefits, such as Supplemental Security Income. Here’s what the announcement is, along with some details on exactly how it will affect you. Image source: Getty Images. The Social Security […]
