If you’re a salaried worker, you probably find yourself getting a bit antsy toward the end of the year if that’s when raises are typically announced at your workplace. Similarly, many Social Security recipients are already eager to know what their 2025 cost-of-living adjustment, or COLA, will amount to. Social Security benefits are eligible for […]
Social Security serves as a key income source for millions of retired Americans. Without those benefits, many seniors would struggle to cover even basic expenses like housing and food. Each year, the Social Security Trustees release a report that reviews the state of the program’s finances. This year’s report contains some unfortunate news for seniors. […]