We're nearly half way into January and another set of Social Security checks will soon be headed out to beneficiaries. The 2025 COLA increase is officially in place and recipients should see a 2.5% increase to their monthly payments.

The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for their marital status.

The Social Security Fairness Act (SSFA), which was recently signed into law on Jan. 5, by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income

In four days, millions of Social Security recipients will receive their first monthly retirement checks of 2025. Social Security beneficiaries who were born from the 11th through the 20th of his or her respective birth month will receive a regular monthly check for January from the Social Security Administration on Jan.

Tax season is almost here. If you receive Social Security benefits, you'll need your benefit statement to find out if you need to file taxes this year.

An estimated 72.5 million Social Security recipients will benefit from a 2.5 percent increase in their payments this year thanks to the annual cost-of-living adjustment (COLA). Inflation, which has been above Federal Reserve targets for several years now,

The age you file for Social Security is perhaps the most important decision affecting your benefit amount. You can begin taking benefits as early as 62, but waiting up to age 70 will earn you larger payments each month.

As 2025 unfolds, understanding the latest Social Security updates is crucial for everyone, not just retirees. From increased benefits to new earning limits, these changes could significantly impact your financial planning.