Money News: Major Changes Expected in Social Security for 2025
Friday, 30 August 2024, 07:07
Money News: Key Social Security Developments in 2025
Several important changes are anticipated for Social Security beneficiaries beginning in 2025. Experts advise that both current workers and beneficiaries of the program should plan ahead to understand the potential implications of these adjustments.
What Changes to Expect
- Changes to benefit calculations
- Adjustments in the cost of living allowances
- New eligibility criteria for certain benefits
Though official announcements from the Social Security Administration are not expected until later this year, beneficiaries should stay informed. Planning now can lessen the impact of surprise alterations to Social Security.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.