3 Big Social Security Changes Coming in 2025 May Surprise Retirees
Millions of retired workers depend on Social Security to cover their monthly expenses, and that is unlikely to change. A recent survey from MassMutual found that 2 in 5 adults aged 55 to 65 expect benefits to be their largest source of income throughout retirement.
However, Americans typically score poorly when quizzed on their knowledge of the Social Security program. That is problematic because even small misunderstandings can lead to significant financial mistakes.
Social Security will undergo several changes in 2025 to ensure benefit payments remain aligned with wages and inflation, and three of those changes may catch many Americans by surprise. Read on to learn more.
Source Fool.com