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2025 Brings With it Several Key Changes
By now, everyone receiving Social Security retirement-related benefits is likely aware of the 2.5% increase scheduled for January 2925. That’s a welcome adjustment for millions of folks, despite the general criticisms about its inadequacy to cope in full with rising costs. But 2025 brings with it several other significant changes affecting retirees and those yet-to-be retired. One change that most are aware of is the increase in Medicare Part B premiums, while the maximum taxable income level increases to $176,100, as do the parameters associated with the Retirement Earnings Test and the earnings requirement for building credits for Social Security eligibility.
So, to get ready for the New Year, it’s a good idea to be sure you have the appropriate background on the changes about to take effect. A post on msn.com today by Diego Pérez Morales will fill you in. Read it here…
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