Many people may think the Social Security Trust Fund exists as a traditional savings account. But, though “trust fund” may…
Category: Social Security news
SSA Backlogs Delay Social Security Payments for Seniors
The Social Security Administration (SSA) has been grappling with significant backlogs, leading to delays in payments for many seniors. These…
81 Percent of Seniors Say 2025 COLA Will Help ‘Little or Not at All’
The 2025 Cost-of-Living Adjustment (COLA) for Social Security is set at 2.5 percent. While this may seem like a step…
What the Low 2025 COLA Means for Future Retirees
The 2.5 percent COLA for 2025 may not only shortchange current Social Security recipients. It also sets a troubling precedent…
The Social Security Tax Cap Will Rise in 2025, But Not By Much
The Social Security tax cap will rise in 2025, but the increase is far from meaningful. The new cap jumps…