The average Social Security benefit is approaching $2,000 per month for the first time. You'd think that would provide a comfortable supplement to personal savings for typical retirees, but it's often not the case.

Here's how a retired Canton City firefighter got invited to President Joe Biden's signing of the Social Security Fairness Act.

While all Social Security beneficiaries will get a boost to benefits in 2025, certain pensioners are also expected to see a notable change to benefit rules.

Social Security's 2025 cost-of-living adjustment (COLA) took effect in January. Benefits will increase 2.5% this year, the smallest pay bump for seniors since 2021. Indeed, more than half of retired workers surveyed by The Motley Fool in October said the COLA was insufficient.

The Social Security cost-of-living adjustment, or COLA, for 2025 is a 2.5% increase. That means the monthly benefits checks for more than 72.5 million Americans will see their lowest annual bump in four years.

As inflation begins to cool, the Social Security cost-of-living adjustment (COLA) for 2025 has been set at 2.5%. This increase, although modest compared to the previous years, is a crucial lifeline for retirees,

Many retirees look forward to Social Security's annual cost-of-living adjustment (COLA), which for 2025 is 2.5%. The COLA technically takes effect in December, with beneficiaries seeing updated payments in January.