Social Security Report

What To Expect in 2025 for Social Security - AMAC & Newsweek

Newsweek reports here that as the new year approaches, retirees and other Social Security recipients should be aware of several changes to benefits and services provided by the Social Security Administration (SSA). Not only are benefits boosted 2.5% but the annual earnings limitations also increase for those who have not reached 67. The article discusses staffing and funding shortages that are poised to get worse in 2025 because Congress has not increased SSA’s budget. Finally, the article touches on WEP and GPO repeal and what that means for public sector employees and their spouse/survivor benefits. The article did not touch on the insolvency issue. Full piece here.

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