Social Security Check Cuts: New November Date Announced if Reductions Occur

Donald Trump’s campaign proposals could bring Social Security financial insolvency significantly faster than would otherwise be the case, resulting in drastic benefit cuts for millions of Americans. The Committee for a Responsible Federal Budget (CRFB) says if Trump does what he promises, his plans could add several years to the program’s insolvency—and push its solvency … Read more

Largest Social Security Payments for U.S. Workers After 2025 COLA Update

In 2025, Social Security beneficiaries will receive an enhanced Cost of Living Adjustment (COLA) of 2.5%, which means better benefits. It’s meant to help recipients, particularly those with long work histories while delaying retirement, advance careers with high incomes. With the 2025 COLA update, we’ll explore how eligibility, maximum benefits, and factors affecting payment amounts … Read more