The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still face high prices.
When it comes to Medicare, understanding how your wages and tips are reported is essential for ensuring that you're paying the correct amount toward your future Medicare benefits.
The Democratic National Committee ( DNC) is going on the offense against President Donald Trump just two days into his second term, blasting the 45th and 47th President over what they say is a plan to follow through on the controversial Project 2025 agenda, including by cutting Social Security, Medicare and Medicaid.
Those comments come amid some speculation that the Trump administration may be looking to make cuts to Social Security and Medicare. However, some Republican leaders have pushed back and said there would be no cuts, according to ABC News. Funding is just ...
Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen post-inauguration. The Republicans now fully control Congress, which
Retirees who stop working at the Full Retirement Age, currently set at 67, can receive a maximum benefit of $4,018 per month. If benefits are claimed at the earliest possible age of 62, that maximum payment drops to $2,831.
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.
If you did not apply for Medicare Part B (medical insurance) within three months before or after turning age 65, you have another chance each year during the General Enrollment
Your full retirement age depends on when you were born. Those born between 1943 and 1954 reached full retirement age at 66. Your full retirement age will increase by two months for each year you were born after 1954 until maxing out at age 67 for anyone born in 1960 or later.
When you are on  Social Security, you can expect your retirement benefits to increase during most years. That’s because Cost of Living Adjustments (COLAs) typically happen automatically from year to year.
Letters: Musk, Ramaswamy will declare war on seniors. Developing good citizens is the key to our future. Democrats should call for Trump's resignation.
If you're eligible to suspend your benefits, you aren't required to pay anything back, as benefits are just on pause instead of canceled completely. Another benefit is you don't have to submit a form to suspend your benefits -- you can just call the SSA and they can take care of the rest for you.