Video Discription |
Learn how the Social Security COLA increase impacts retirees and why staying informed is crucial. Discover strategies to manage rising costs and maximize Social Security benefits effectively.
In today's update, understand the new Social Security cost-of-living adjustment (COLA) estimate for 2025 which is crucial for retirees including SSDI, SSI, seniors, VA, and low income, relying on these benefits amidst rising inflation. This adjustment helps match Social Security benefits to increased living costs like food, electricity, and healthcare. Understanding how COLA is calculated, based on the consumer price index for urban wage earners, is vital. The impact on budgets, especially for essentials and medical services, is significant. Knowing this helps manage finances better against economic shifts, ensuring seniors can handle expenses with their fixed incomes.
*SUBSCRIBE TO OUR YOUTUBE CHANNEL:*
🔔https://www.youtube.com/c/moneyinstructor?sub_confirmation=1
*ALSO WATCH*
New Social Security and Medicare Platform Plan: Updates and Changes | SSDI, SSI, VA, Senior Benefits
https://youtu.be/87DoJmBIEno
Social Security, Economy, Debt: How the Debate Affects YOUR MONEY!
https://youtu.be/a1UiDHvzM9c
Stimulus Checks and Your Vote: The Hidden Politics of Benefit Increases and Financial Promises
https://youtu.be/la6eIYPuAXo
SNAP Payment Fraud Alert: Protect Your EBT card Benefits Now
https://youtu.be/flEVVzK8X9Q
Will There Be a 4th Stimulus Check? Here’s What You Need to Know
https://youtu.be/Q7kzAGGZj7M
The Truth about Stimulus Checks | Adapting Without Government Aid
https://youtu.be/QhxriSGTKqk
Good News for Social Security! New Rule Simplifies SSDI and SSI Applications in 2024
https://youtu.be/J9jYbuEWlNo
Social Security COLA Estimate Drop: Impact on Benefits & Retirement | June 2024 Update
https://youtu.be/NT1g7cB8C84
The Truth About the $600 Social Security Payment Increase
https://youtu.be/9T8rA8myagQ
Increase Social Security Funds with Immigrant Contributions
https://youtu.be/ip7egdEDxZ0
Is Your Social Security Getting a Boost? COLA Update Explained!
https://youtu.be/8DzsaMJELKs
Can You Really Live on Social Security Alone? Why Seniors Can't Make Ends Meet
https://youtu.be/r4DeJJOtPn4
Big Changes to Social Security Benefits: New SNAP Rules Make It Easier to Qualify for SSI
https://youtu.be/DJ7GO69BpTw
Reduced Benefits? Extended Solvency and Future Benefits | Social Security Update 2024
https://youtu.be/RYBkVV0znEc
Easier to Qualify for SSDI and SSI Benefits? How New Rules Affect You
https://youtu.be/ly-ETxEalhI
Social Security Increase: New Plan for Bigger Checks | Boosting Benefits and COLAs for Seniors Act
https://youtu.be/xyvDNS4i6Aw
How the New SNAP Legislation Affects Social Security Recipients | Impact on your Benefits
https://youtu.be/nON7h0Yy3PY
Social Security Update: How SSI Rental Subsidy Expansion Increases Benefits
https://youtu.be/Y8o3hg3yTyA
Social Security and Inflation: Update on COLA Increases
https://youtu.be/6_g81BmsOaQ
Retirement Playlist
https://www.youtube.com/playlist?list=PL8ILVzj8ksWZZPdVPGOpNpTL1d7Md5CQK
Visit us at MoneyInstructor.com ➡️https://www.moneyinstructor.com/
WEBSITE: https://www.moneyinstructor.com
X TWITTER: https://twitter.com/moneyinstructor
FACEBOOK: https://www.facebook.com/MoneyInstructor
Money Instructor has been a leading resource in financial education for over two decades, empowering educators, financial advisors, students, parents, and individuals with essential topics in financial literacy. Our extensive coverage spans personal finance, money management, saving money, budgeting, investing, business fundamentals, taxes and taxation, Social Security, retirement planning, tax credits and refunds, economic stimulus checks and payments, as well as debt management—including credit card debt and interest rates. Additionally, we explore monetary policy, inflation, housing market trends, government legislation, political news, stock market dynamics, economic trends, improving credit scores, career development, housing and rent issues, and strategies for wealth building. By providing educational resources and tools, we help ensure you are well-informed and updated with the latest news and developments in these areas.
------------------------------------------------------------------------------
#SocialSecurity
#COLA2025
#RetirementPlanning
#InflationImpact
#FinancialTips
#SeniorBudgeting
#financialeducation
#financialliteracy
#MoneyInstructor
Information is for educational and informational purposes only and is not be interpreted as tax, financial, or accounting advice. This does not represent a recommendation to buy, sell, or hold any security. Please consult your professional advisor. |