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  2. 5 Social Security Tips for New Retirees in 2025 - AOL

    www.aol.com/finance/5-social-security-tips...

    Social Security benefits are adjusted each year based on inflation through a cost-of-living adjustment (COLA). In 2024, there was a 3.2% increase, according to the Social Security Administration ...

  3. 5 Things To Review in Your Social Security Statement as You ...

    www.aol.com/5-things-review-social-security...

    The SSA mails Social Security statements to pre-retirees each year letting you know what your monthly payment might be when you file for benefits, based on your earnings record and when you decide ...

  4. Former SSA insider reveals 3 reasons why your Social Security ...

    www.aol.com/finance/former-ssa-insider-reveals-3...

    Regularly monitor your Social Security account: Create an online account with the SSA to access your Social Security Statement, track your earnings record, and estimate your benefits. Regular ...

  5. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    Reduce benefits for new retirees. If Social Security benefits were reduced by 3% to 5% for new retirees, about 18% to 30% percent of the funding gap would be eliminated. [citation needed] Average in more working years. Social Security benefits are now based on an average of a worker's 35 highest paid annual salaries with zeros averaged in if ...

  6. How Social Security benefits are calculated - AOL

    www.aol.com/finance/social-security-benefits...

    Here are the bend points for calculating a worker’s benefits in 2024. The benefit is the sum of the following elements: 90 percent of the first $1,174 of averaged indexed monthly earnings. 32 ...

  7. Social Security: 9 Things Most Retirees Don’t Know About ...

    www.aol.com/9-things-most-retirees-don-120016457...

    Key findings from a 2023 MassMutual quiz about basic Social Security retirement benefits revealed 69% of respondents failed or barely passed. One-third, 34%, passed with a D grade while more than ...

  8. If you start to get benefits at age 62, your monthly benefit is cut by 30% to $1,400 to account for the longer time you’ll receive benefits. This decrease is usually permanent. If you choose to ...

  9. Social Security Recipient? The Best Senior Discounts for ...

    www.aol.com/finance/social-security-recipient...

    One of the perks of hitting retirement age is that you can qualify for senior discounts at restaurants, retailers, grocery chains, hotels and other establishments. Many of these discounts kick in ...

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