The actual cost-of-living adjustment for 2025 for Social Security benefits will be announced in mid-October. Early estimates show an average boost.

It is one of those unwelcome surprises that is almost guaranteed to anger people when they retire: income from Social Security benefits is subject to federal taxes - and in some cases, to state taxes as well.

While retirement benefits are the most common form of Social Security, not everyone qualifies for these types of payments. In general, you'll need to have worked and paid Social S

Benefits will be slashed 21% starting in 2033 if Social Security is not fixed, according to a new report. This is how much you could lose in annual benefits.

Social Security Administration is expected to disclose cost-of-living adjustment for retired workers in mid-October.