House Moves to Expand Certain Social Security Benefits – Here’s What You Need to Know
The U.S. House is moving forward on legislation to expand Social Security benefits by repealing the Government Pension Offset and Windfall Elimination Provision. This bipartisan-backed bill could restore full benefits for retirees impacted by these policies, especially public sector workers with government pensions, leading to increased financial security for millions.
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Social Security Announces 2.5 Percent Benefit Increase for 2025
Social Security Announces 2.5 Percent Benefit Increase for 2025 The Social Security Administration has announced a 2.5% cost-of-living adjustment (COLA) for 2025, effective in January. This increase, designed to help beneficiaries keep up with inflation, raises the average monthly benefit by about $50. Beneficiaries can view updates through their my Social Security accounts or by mail in December, ensuring they’re prepared for the new changes in the upcoming year.
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5 SSI & Social Security Payments Before December 2024: Know Payment Schedule & Eligibility
5 SSI & Social Security Payments Before December 2024: Learn about the SSI and Social Security payment schedule through December 2024, including early deposits, eligibility requirements, and financial management tips for beneficiaries. With practical advice and helpful resources, this guide ensures you can plan your finances smoothly as we approach the year-end.
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