No, Social Security Isn’t Getting a $600 Payment Increase This Month

The rumors aren’t true, but 2025 will see a benefit increase for all Social Security recipients. Retirees have complained for decades about Social Security’s declining buying power, even in the face of above-average cost-of-living adjustments (COLAs) the last few years. So many were undoubtedly excited when they heard reports of a $600 Social Security benefit […]