Over 2 million Social Security beneficiaries had their retirement incomes reduced because of two programs. Here's how the Social Security Fairness Act addresses that.

As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social Security changes this year.

The good news is that in most cases, Social Security is not taxable at the state level. 41 states do not tax Social Security income whatsoever. Not only that, but most of the states that do tax Social Security use far looser rules than the federal government.

Social Security recipients are getting a cost-of-living adjustment, starting this month, but that’s not the only change to the nation’s retirement system.

Social Security recipients in the United States will see a significant increase in their monthly benefits due to the Cost of Living Adjustment (COLA). This change is a response to ongoing inflation and aims to provide better financial support for retirees.

The average retired worker collects around $1,925 per month in Social Security benefits, according to the most recent data from the Social Security Administration. But it's possible to earn far more,

Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to take a closer look a changes for Social Security.

COLAs are intended to maintain the purchasing power of Social Security benefits amidst inflation. The COLA is calculated based on the Consumer Price Index for Urban Wag

This is an overall average of the roughly 2.9 million people who collect Social Security retirement benefits who are 69 years old now. It isn't just those who started collecting benefits at this age.