The first piece of good news is that beneficiaries will see a 2.5% bump in benefits beginning in January, thanks to the cost-of-living adjustment (COLA). The average retiree collects just over $1,900 per month in benefits, which amounts to a raise of roughly $50 per month.

This can reduce Social Security retirement and disability benefits for individuals who also receive a retirement pension or disability benefit thr

Now, with the year winding down, all Social Security retirees should mark Nov. 20 as another date to remember. Here's why.

Social Security has been in the news a lot given the program's financial shakiness and the potential for benefit cuts. And whenever there's an election, Social Security tends to be a big issue for politicians to discuss.

Social Security beneficiaries will soon experience a welcome change, with benefits slated to climb due to a cost-of-living adjustment. Recipients will see a 2.5% cost-of-living adjustment in 2025, which is notably less than the 3.