Here's How Much You Are Getting Added to Your 2025 Social Security Check | COLA
Every year, the Social Security Administration adds a Cost of Living Adjustment (COLA) to your Social Security benefits. It's supposed to closely follow inflation to allow beneficiaries to have income that keeps up with rising costs. In this video, I'll go over the announcement and the context around what this increase means for you.
Here is the release from SSA:
https://www.ssa.gov/cola/
Check out our resources at https://TheRetirementNerds.com/
=============================
Send me a message!
[email protected]
=============================
=============================
Be Sure to Subscribe to our Channel!
=============================
YouTube: @theretirementnerds
============================================================
Join our newsletter for monthly tips, book recommendations, and personal stories!
https://theretirementnerds.com/newsle...
============================================================
⏰ TIME CODES ⏰
0:00 2025 COLA
0:30 When changes take effect
0:56 Historical increases
1:16 How COLA is calculated
2:26 2025 Max SS Taxable Earning
5:04 Medicare Implications
6:34 Working Income Limits
7:54 What's Next
=============================
#medicare #theretirementnerds #socialsecurity #retirementnerds #finance
Federal Disclaimer:
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.