Social Security beneficiaries have some changes coming in December and January, due to quirks of the calendar and a payment hike.

Social Security benefits and SSI payments will increase in 2025, helping tens of millions of people keep up with expenses even as inflation has started to cool.'

Social Security payments receive annual cost-of-living adjustments (COLAs) to protect the purchasing power of benefits from inflation. Americans have ranked inflation as their most pressing financial concern for three consecutive years,

Broadly speaking, the older you are, the less exposure to the stock market you're supposed to take on. When you need safety and certainty, more reliable investments like interest-bearing bonds and even higher-yielding cash balances are prioritized. And understandably so.

Take Social Security benefits. While some people will bring home the maximum payout each month, others will bring home the minimum. Somewhere in between is the average. 🚨Don’t Miss this amazing Black Friday Move!

Social Security benefits will increase by 2.5% in 2025, according to the annual cost-of-living adjustment (COLA). The average monthly Social Security benefit is set to rise from $1,927 to $1,976 once 2025’s COLA kicks in.