Posts from October 22nd, 2024

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2025 Annual Changes to Social Security

October 22nd, 2024 by Coldwell Banker Tomlinson

Every October, the Social Security Administration (SSA) adjusts to Social Security programs to keep pace with inflation. These adjustments then go into effect the following January. The most significant of these annual changes are typically the Cost-of-Living-Adjustments (COLA), the annual tax caps and earning limit increases.

This article is intended as general education information only and is not meant to convey specific tax advice. To discuss your specific situation, speak with a with a qualified tax professional.

Cost of Living (COLA)

What is COLA? Since 1975, Social Security recipients have received Cost-of-Living-Adjustments (COLA) every year. The purpose of the COL...

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Posts from October 22nd, 2024

2025 Annual Changes to Social Security

Cost of Living (COLA)

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