Social Security Benefits Set to Rise in 2025: What You Need to Know!

Published: Aug 27, 2024 Duration: 00:01:02 Category: People & Blogs

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I don't think people understand how important this is social security benefits are set to increase in 2025 based on early projections Social Security benefits are expected to go up by 2.57% in 2025 due to inflation this could mean an extra $47 per month for the average retiree but wait this estimate might change with new inflation data and potential increases in Medicare Part B premium remember the cost of living adjustment or Cola is automatically factored into your benefits no matter when you claim them so whether you retire early or wait you'll still see that adjustment the final Cola for 2025 will be announced in October after analyzing inflation data from the past few months want to get the most out of your Social Security benefits hit that like subscribe and ring the bell for all the latest tips and updates secure your future today

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