Key Points In 2025, Social Security recipients got their smallest raise in years. You can boost your retirement income by ...

For retirees who claim benefits at Full Retirement Age—currently set at 67—the maximum monthly payment is $4,018. If you choose to start benefits at the earliest eligible age of 62, the maximum amount ...

Millions of older Americans collect a monthly Social Security benefit. And without that income, many would be unable to cover even basic expenses like shelter and food. But living on Social Security ...

Retired-worker benefits can hit a psychologically important level next year, but seniors are still likely to get the short ...

Social Security recipients are now seeing the 2.5% cost-of-living adjustment (COLA) reflected in their monthly benefit payments. This is intended to help seniors and other Social Security ...

"We're in another period where prices might be rising faster than the Social Security COLA," Quinby said. How much retirees are affected by inflation varies based on three factors — how much ...

Unfortunately, the most important expenses for retirees are climbing at a rate that's well above the forecast COLA for next year. A Social Security dollar simply isn't what it used to be.

The financial future of the more than 70 million Americans who receive Social Security benefits is slightly more secure than anticipated: The trust fund reserves used to pay beneficiaries are ...

examines inflation data and adjusts Social Security benefits accordingly. In short, the annual cost-of-living adjustment, or COLA, is designed to help retirees keep up with the rising cost of ...

The last Social Security payment with the 2025 COLA increase has come. January 22 is the final payday this month for those who only receive retirement or SSDI payments in the United States. Bear in ...

The 2.5% COLA applied to Social Security in 2025 underestimates the 2.9% increase in full-year CPI-W inflation in 2024, meaning benefits lost buying power. Since 1975, Social Security ...