when can i take social security

Social Security COLAs – 6 Important Things Retirees Must Know and How They Affect Your Income

by
Social Security COLAs – 6 Important Things Retirees Must Know and How They Affect Your Income

Social Security COLA: Inflation protection for retirees Millions of people in the US depend on Social Security benefits for their retirement income. Currently, the average retiree receives about $1,975 every month. This pension provides an economic security for them. Now the question arises, how is COLA decided and what can be expected next? Let’s understand … Read more

Social Security Shocks Retirees – COLA’s Painful Change in February and What It Means

by
Social Security Shocks Retirees – COLA’s Painful Change in February and What It Means

2025 COLA hike is very low, rising inflation will cause problems for retired people COLA (Cost-of-Living Adjustment) is implemented every year to increase the income of retired people so that they can avoid the effects of inflation. But the 2025 COLA is the lowest in the last several years and it is not able to … Read more