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
As Donald Trump campaigns for president again, some of his ideas about Social Security are causing concern. Trump promises to protect Social Security, but experts warn that some of his plans might harm the program faster than expected. One key proposal is to eliminate taxes on Social Security benefits, which could lead to a financial … Read more
Social Security has been a hot topic because it’s running out of money, and lawmakers are debating how to fix it. One suggestion is to raise the full retirement age (FRA) to 69 years old. This change aims to stretch the program’s lifespan past 2034, but experts say it may hurt workers more than help. … Read more
Social Security is an important program that many people depend on when they retire, but understanding how it works can be confusing, especially for younger people who haven’t retired yet. There are a lot of changes happening every year, but not all of them affect current retirees. However, future beneficiaries should be aware of these … Read more
