Unveiling the New Social Security Rules in 2025
📢 Big changes are coming to social security increase starting January 1, 2025! Over 70 million beneficiaries will see important updates designed to combat inflation and ensure financial stability. Here's what's new:
💵 Cost-of-Living Adjustment (COLA): Payments will increase by 2.5%, helping retirees and disability recipients keep up with rising costs.
👵 Retirement Age Shift: Full retirement age may rise to 68-70 years, aligning with longer life expectancy.
💼 Higher Taxable Earnings Cap: Income subject to Social Security taxes is increasing from $160,200 to $176,100.
These changes aim to safeguard your financial future. Whether you're retired or living with a disability, planning now is key. Stay informed and secure your benefits! 🛡️💰
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New Social Security Rules: What You NEED To Know
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