In 2025, Social Security beneficiaries will see an increase in their payments, thanks to the cost-of-living adjustment (COLA). While this raise will help in the short term, there are concerns about Social Security’s long-term financial health. Let’s break down the COLA update, Social Security’s future, and possible solutions to the program’s growing issues. What is … Read more
People aged 65 and older who qualify will receive a Supplemental Security Income (SSI) payment on November 29, 2024. This payment aims to provide financial support to eligible individuals with disabilities, blindness, or low income. Here’s everything you need to know about eligibility, payment amounts, and related details. What is the November 29 SSI Payment? … Read more
The new year often brings updates that affect Medicare, Social Security, and taxes. For seniors, changes to Medicare in 2025 are especially important, as they could significantly impact out-of-pocket healthcare costs. Here’s a breakdown of the biggest Medicare updates for 2025, especially changes that will help seniors with prescription drug expenses. Changes to Medicare in … Read more
