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Retiree Finances

The cost-of-living adjustment of social security for 2025 could be 2.5%

Patchareeporn Sakoolchai | moment | Getty Images Due to record-high inflation, welfare recipients have faced greater cost-of-living adjustments in recent years. However, the increase next year is unlikely to be quite as generous. Based on new government inflation data, beneficiaries…

Trump’s plan to abolish taxes on Social Security was a “fatal mistake”: Representative

Phoenix Wang | Moment | Voters say social security is a top campaign issue President Franklin D. Roosevelt signs the Social Security Act on August 14, 1935. FPG | Archive photos | Getty Images On Wednesday, Social Security reached 89.th…