May 2025 Social Security updates: Payment quirks, suspensions, and eligibility rules explained

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May 2025 Social Security updates: Payment quirks, .. nd eligibility rules explained | Fingerlakes1.com

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May 2025 Social Security updates: Payment quirks, suspensions, and eligibility rules explained | Fingerlakes1.com

//humor-quirks.news-articles.net/content/2025/05 .. ligibility-rules-explained-fingerlakes1-com.html

Published in Humor and Quirks on Thursday, May 8th 2025 at 12:11 GMT by fingerlakes1
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Learn how May's Social Security changes could affect your benefits, SSI payments, and eligibility requirements.

The article from Finger Lakes 1, published on May 8, 2025, discusses several key updates and changes to Social Security for May 2025. It highlights the annual cost-of-living adjustment (COLA) set at 2.3% for the year, which aims to help beneficiaries keep up with inflation. Additionally, the article mentions an increase in the maximum earnings subject to Social Security tax, now set at $170,000, up from the previous year. It also covers changes in the retirement earnings test exempt amounts, allowing beneficiaries who are still working to earn more before their benefits are reduced. Lastly, the piece provides information on upcoming adjustments to Medicare Part B premiums and the importance of reviewing one's Social Security benefits statement to ensure accuracy and plan for retirement.

Read the Full fingerlakes1 Article at:
[ https://www.fingerlakes1.com/2025/05/08/may-2025-social-security-updates/ ]

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May 2025 Social Security updates: Payment quirks, suspensions, and eligibility rules explained | Fingerlakes1.com