5 Major Social Security Updates for 2025 - What You Need to Know

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This video discusses the five big changes to Social Security for 2025. These include the Cost of Living Adjustment, Wage Cap, Bend Points, Earnings Limits, Work Credits and the Social Security Trust.
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21 окт 2024

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Комментарии : 201

@SonnyPruitt-q1s 8 дней назад

My home insurance went up 25%,my car insurance went up 15%,my utilities..gas went up 8% and electric 12% my food is still 20-30% more today than a few years ago but thank god I get 2.5% to offset cost of living?

@johnsmith-ee6tr 3 дня назад

Sarcasm is my friend too. Part d going up as well

@robinburrell4421 2 дня назад

Cola was 8.7 in 2023, and 5.9 in 2022. That along with this year is about 17 percent for last 3 yrs. Hope this helps your sarcasm level.

@lv4077 2 дня назад

@@SonnyPruitt-q1s Biden and Harris would limo say you’re welcome

@justjack9561 5 дней назад

I’m on Social Security and Medicare. The thing that happens is yes we got a three point whatever percent increase last year but my Medicare part B payment also went up by $60 a month more than my cola so I actually took a $60 a month cut

@lv4077 2 дня назад

Yet another government perk

@SneikotheDiva 2 дня назад

Apply for your state to cover your part D if you can

@michaelfortney7510 11 дней назад

Thank you for all your great content. Always helpful.

@HolySchmidt 11 дней назад

My pleasure!

@lilblackduc7312 11 дней назад

@@HolySchmidt Your narration has a comfortable, even tempo, accompanied with easy to read & understand graphics. (I'm working with a 'barely' High School education, here ;-) "Holy Schmidt" is right!

@seymorefact4333 11 дней назад

🤬🤬 Our own govt fudges the CPI since 1970! did this to screw SS! and workers. ShadowStats by John Williams uses same measurements of 1970s. REAL CPI is 12%! median over 50yrs is 9%! Talk to your corrupt representative to STOP FUNDING ENDLESS WARS!~

@judysbakeryandtestkitchen1654 10 часов назад

I’m very glad there are people like you in the world. Because my mind checked out when you started with the numbers.

@bryanwhitton1784 11 дней назад

I turn 70 in December so I am interested in anything that affects Social Security.. I have a phone appointment this afternoon to get my SS started so I get the maximum monthly paycheck as soon as I can. I don't want any mistakes by starting 1 month early and losing out on the maximum. Surprisingly this is very exciting for me. I was retired by my company when they moved to Florida from Silicon Valley and I declined to move. That was 2 1/2 years ago. My wife and I decided to reduce or living expenses and live on her income and savings until I turned 70. So far we haven't touched my retirement savings and I am kind of excited to start having an income again.

@lilblackduc7312 11 дней назад

Beautiful! Make sure to guard your health and "Keep the Faith".

@bryanwhitton1784 11 дней назад

@@lilblackduc7312 Thank you. Boy, that is quite a concept. These channels are real good at the financials but people often forget about their health. Since I "retired" I have had both knees replaced, skin cancer surgery and back surgery. All in about 2 1/2 years. With all this the biggest problem in mental. I knew my right knee was going to be a problem from a football injury decades ago. So I have swam and lifted and rode bicycles for years. All the rest has caught me by surprise. The physical part has been painful and hard work getting back physically but the toll mentally caught me by surprise. Guarding your health is something I can't stress enough.

@seymorefact4333 11 дней назад

@DougASAP 11 дней назад

If claiming online, consider putting something similar to this in the Remarks (at the end of the application): I do not want any retroactive payments for prior months. I want the maximum Delayed Retirement Credits, and no payment prior to January 2025... Congratulations!

@sct4040 11 дней назад

I too considered mySS payment like a salary. Very excited to collect at 63😅. Congratulations.

@donkarnes5946 9 дней назад

Great info, looks like most of the raise will be taken up by the Medicare premium increase for some people?

@jaydurych 11 дней назад

Thanks for the info Mr. Schmidt! You’re the man!

@HolySchmidt 11 дней назад

You bet!

@seymorefact4333 11 дней назад

@captfred65 4 дня назад

Thank you for this video. I’m 78 and this is the first time for a timely and concise explanation. One concern we had is my wife a stay at mom since my daughter was completely disabled and my wife couldn’t go back to work. Such is life. 🎉

@chumbawumba1959 11 дней назад

Very lame that FICA wage cap goes up *EVERY YEAR* but the threshold to pay FIT on SS has *NEVER* been raised :(

@jimmyamico4713 11 дней назад

Outstanding analysis GEOFF🇺🇸❤️🤍💙

@CliveBirse 6 часов назад

I’ve been working and paying into Social Security for over 40 years, and there’s no way I’m waiting any longer to take it. I’m grabbing it early-might as well take the sure thing. At this point, I’m all about investing in myself and putting money into the market. Over the years, I’ve learned that building real wealth comes from making smart investments.

@ThomasChai05 6 часов назад

Building wealth comes from making smart investments, and having a guide is essential. Though finding someone knowledgeable can be challenging, it's a wise decision if you're not familiar with the market.

@mikegarvey17 6 часов назад

You're absolutely right. I tried investing on my own for a while, but the market just wasn't working in my favor. Eventually, I hired an advisor, even though I was hesitant at first. To my surprise, I ended up beating the market by more than 25%. At first, I thought it was just luck, but it happened again the following year. Since then, I've stuck with having an analyst handle my investments.

@mariaguerrero08 6 часов назад

@@mikegarvey17That's quite impressive! Can you share more information about your financial advisor?

@mikegarvey17 6 часов назад

Her name is ' Izella Annette Anderson ' Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@Grace.milburn 6 часов назад

I just checked her out on google and I have sent her an email. I hope she gets back to me soon.

@DAN1180 2 дня назад

Excellent illustration. Thank you!!

@1JohnnyCruiser 5 дней назад

From 2021 till now what is the actual cumulative inflation rate? Seniors have been ripped off on the COLAs and not kept up on fixed income

@paulnguyen2227 10 дней назад

Everything goes up but the social security money . Obviously ppl gonna struggle paying for basic needs and rent

@arthurshingler2025 6 дней назад

Great summary! Thanks!

@peggyh1395 11 дней назад

Thank you. I would love to see vid on how to index my own income. I filed at 63, went back to work at 66 and am replacing some of my top 35 yrs. SSA figures out the following year’s benefit from the previous year’s income every September, but i would like to figure it out earlier myself. I think there are quite a few ppl in the same situation, working later and i looked everywhere for how to do it.

@tedjohnson4451 11 дней назад

There is a Google Docs Spreadsheet by Neurosphere that updates every November that calculates that to $1 Accuracy.

@rebeccapatterson8142 9 дней назад

Most people do not have a second income to supplement their Social Security, so right off the bat that is an untrue statement

@lucindaayala4111 4 дня назад

Is cola increase enough to cover the rising cost they charge for Medicare?

@amyyates8273 11 дней назад

This was so helpful, thank you!

@kathiparshall8094 11 дней назад

Very helpful. I had no idea about the property tax thing, I will be checking into that. Thanks

@drc3po 11 дней назад

I watched the video and rewound and skimmed thru it again but saw nothing about property tax. Where is that in the video?

@kathiparshall8094 11 дней назад

@@drc3po must have been the video before. I watched four this evening.

@MelissaCoup 11 дней назад

Excellent as always. Blessings to you

@HolySchmidt 11 дней назад

Thanks Melissa

@mspock7 11 дней назад

Insurance in all categories is through the roof in the past few years.

@HolySchmidt 11 дней назад

Totally agree

@Pjfriend 3 дня назад

FJB and the DEMOCRATS

@LilianScott-dy5nz 5 дней назад

The 2.5% COLA for 2025 provides a modest increase in benefits for Americans receiving Social Security and SSI payments, helping to offset the rising cost of living and inflation. This increase offers essential financial relief for vulnerable populations like retirees.

@MikeHollow-rz5dl 5 дней назад

Absolutely, retirees and low-income families will greatly benefit from this adjustment. Every little bit counts.

@MikeHollow-rz5dl 5 дней назад

Especially with inflation rates remaining high. This 2.5% increase helps maintain their purchasing power.

@DiegoVelasquez-r3x 5 дней назад

I'm glad to see the Social Security Administration prioritizing vulnerable populations. They need financial stability.

@RichardSmith-t2l 5 дней назад

This COLA increase also underscores the importance of automatic adjustments. No political debates, just timely support.

@Martin-cb7gk 5 дней назад

Now, let's focus on ensuring the long-term solvency of Social Security. We can't afford to jeopardize future benefits.

@percynelson7726 11 дней назад

CPI doesn’t include replacing with a different item. That is CPE, the Federal Reserve’s preferred inflation measure.

@theroadhome_Liz_Summers 11 дней назад

Thank you for the information and especially the "Bend Points". I started my SS at FRA but worked 2.5 more years (self employed and paying all SS myself). I have read that SS is supposed to adjust based on my payments in/income ... I hope that is correct :) !! At any rate, I feel like I can be prepared for a discussion understanding the bend points and how to do the calc.

@johnc2438 3 дня назад

Yes, you're correct. The SSA sent me annual statements that showed my FRA being increased as I continued working pass my FRA. If they don't still send out written statements, you can log into the SSA and track things online. Best wishes.

@theroadhome_Liz_Summers 3 дня назад

@@johnc2438 Thank you! I just received my online statement for 2024 and it states that benefits are not shown because I have been receiving .... later it states if you keep working ... and those earnings increase benefits, notice of additional amounts will be sent ... I am guessing with the COLA/Medicare etc. info that is sent in December.

@watcher9997 11 дней назад

@Holy Schmidt! I checked my SS statement and the COLA was only applied to the age 62 benefits. Shouldn't it apply to all age estimates? Age 63 to 70 have not changed.

@gjeischensfamily1172 11 дней назад

A comment on the 40 quarters of work credit - the yearly statement that you get from the SSA is not "official" until you file for Social Security. My father looked at his SSA statement before he retired (before age 62) and it said he had the 40 quarters of credit. When he went to file for social security later, he was told that he didn't have 40 quarters and would have to prove to the SSA that what earnings they had originally credited to his account, were actually his and not someone else's. He hadn't kept his W-2s from when he first started working and paying into social security back in the 1940s, so he ended up 4 quarters short. He was able to go back to work and get those 4 quarters so he qualified in the end. The lesson learned for me was, don't trust the SSA yearly statement as official.

@jeanniebee61 3 дня назад

Agreed!!! I would get yearly estimations that at retirement I would get $1500 a month SS. It took years AFTER retirement before those COLA increases would give me an SS payment of $1500 per month--soo misleading and disheartening. At 79, I still have to have a job to get all the modest bills paid.

@scoutandscooter 11 дней назад

My advise to younger people is to save and save and never expect SS. If you end up collecting, consider it fun money.

@NormanSmith-m8f 11 дней назад

I was told this same thing when I was 27 years old and started my first job after getting out of the military. I’m now 75 and have been drawing SS since I turned 69.

@youngtimer964 11 дней назад

I remember the older guys at work saying the same thing to me in 1973.

@Bonkers62 11 дней назад

Maybe your advice should be to tell people to learn how to spell “advice” before you give advice…

@seymorefact4333 11 дней назад

@peardisplay 11 дней назад

Eletis. I cant spell either. But the fear advisekept me savin for 40 years and im better off for it. 😢@@Bonkers62

@esthernoel3793 11 дней назад

I like the typing!

@HolySchmidt 11 дней назад

Thanks Esther!

@jamesgreen1857 11 дней назад

They lowered the indexing multipliers since I last checked in January. How can that be, inflation is not negative ?

@spookietowne7932 7 дней назад

Can you answer this? And this has to do with calculating the SS benefit delaying from FRA until 70....... -At FRA we gain 8% per calendar year by delaying. So that's .667% per month added to the benefit. - is the benefit calculated by adding .667% each month to the amount at FRA until 70, sort of like compounding interest each month? - or is the benefit figured by adding 8% directly to the amount at FRA for each full year of the delay? Because there is a difference in those methods of calculation for the benefit amount. For simplicity and clarification I'll use this as the example: - at FRA the amount is $1,000 per month - the delay past FRA is 12 months - is the calculation $1,000 (amount at FRA) + 8% (1 year delay) = $1,080 - or is the calculation $1,000 (amount at FRA) + .667% (1 month past FRA) = $1,006.67 - then $1,006.67 + .667% (2nd month past FRA) = $1,013.38 - and continuing this a total of 12 times to end up with a benefit of $1,083.04 (1 year delay) - so this is the question, which way of calculation is correct? Thank you!

@stone14z 11 дней назад

Do the changes in the bend points affect everybody including those past their FRA?

@ly776 9 дней назад

Very useful information. I cannot understand why the wage cap is still set so low. It is such a regressive tax being capped at the current level. As someone who earned above the wage cap at the end of my career, I thought it strange that when I could more easily afford to pay taxes, compared to when I was living below the poverty line, that I was actually paying a smaller percentage of my income in SS tax. It's my understanding - and hopefully you will address it - that raising the wage cap alone would make Social Security solvent for the foreseeable future.

@SandfordSmythe 4 дня назад

The cap is low because the rich don't need the extra benefits.

@vinyl1Earthlink 11 дней назад

Many people want to know the IRMAA brackets for 2025. These will not come out until November, when you will learn whether your SS check will go down or not.

@owggarage723 9 дней назад

The bend point is where they break it off..in you.

@GillerHeston 7 дней назад

The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings to fall back on.

@joshbarney114 7 дней назад

True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.

@rogerwheelers4322 7 дней назад

I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.

@FabioOdelega876 7 дней назад

This is exactly how i wish to get my finances coordinated ahead of retirement. Can you recommend the financial advisor you used to get ahead?

@rogerwheelers4322 7 дней назад

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about three years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

@FabioOdelega876 7 дней назад

Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

@TPaine1776 8 дней назад

Lovely, you work your tail off they take a bunch of your money. When you reitre they get stingy and send you chump money. I know a woman who is almost 80 with full retirement age, etc. She is working at Taco Bell just to knid of make ends meet. This is beyond sad. P.S. they do count the money made in the year before you filed. They took $180 out of one of my wife's payments for just that reason. Stated it in the letter as well.

@edmor1086 13 часов назад

Is there any way to fight this cola adjustment ridiculousness

@normanengler8175 6 дней назад

Is your retirment year January to December or 12 months after you file. My Birthday is in march, my FRA is at 66 and 10 months the following January. I am thinking of filiing for SS in the October before that. will I be in $62,160 amount and is that count all the money I make for that year (Jan. - DEC) or Oct through FRA?

@Lion_McLionhead 9 дней назад

Seeing how fast they jacked up the wage cap from $50k in 2000 to $180k today, most everyone was above the wage cap & lived like a king in 2000. The wage cap used to be less than the roth IRA wage cap. Now most everyone is earning below the wage cap & complaining about it not being high enough. The doctrine has changed from taxing us less to taxing someone else more.

@cjimcook 11 дней назад

I find it interesting, if not infuriating, that the waging cap goes up at a faster percentage rate than the CoLA percentage increase.

@DrSchor 9 дней назад

It is not pegged to inflation. It is pegged to make sure there will be enough ss for you to receive. Why be mad about that?

@NatesRandomVideo 11 дней назад

The good old “C P Lie”. lol 😂

@muminab9701 11 дней назад

Can you do a video on how a wife can draw off her husband’s social security please

@wongmm 11 дней назад

He did a couple years back. Search his video list.

@janetmartin9372 11 дней назад

She can draw spousal when you start drawing. Spousal maxes out at 50 percent of yours at her full retirement age.

@seymorefact4333 11 дней назад

@openforumone 11 дней назад

You would received a survivor benefit which is usually a little higher than normal Make an appointment at your social security office locally they're pretty helpful

@Bandaid17 12 часов назад

I am grateful for the “raise”, but can you clarify what the CPI bases their computations. It is rumored that they do not count gas or food. If so I fail to understand the meager “raise”.

@marys.750 11 дней назад

Any changes with IRMAA?

@glendacastillo6504 10 дней назад

Can you do SS for retired military after working 20 years full time.

@ra0363 3 дня назад

Really appreciate the clarity! I'll reach FRA in Feb 2025 and am wondering if it amkes any diff if I file in Jan 2025...yes/no?

@karenbuckley974 2 дня назад

You should show what is is for those of us that fall under the Windfall act.

@whyme7996 6 дней назад

I was medically retired from the military and have social security disability. As I understand it, when I turn 62 it will automatically switch to Social security retirement. Is that correct and would it change the amount provided?

@spookietowne7932 4 дня назад

Disability benefits will automatically switch to "regular" SS benefits at your FRA - not at age 62. Your benefit amount will not change.

@whyme7996 4 дня назад

@@spookietowne7932 thank you.

@SandfordSmythe 4 дня назад

SSI switches at 62

@whyme7996 3 дня назад

@@SandfordSmythe SSDI?

@Agatha.wayne0 День назад

Wow, filing for Social Security at 62? Bold move! But hey, I’ve got $125k just chillin' in my emergency fund, itching to start making me some money. Honestly, I'm torn between playing it safe or just diving in. Who knew deciding when to start would be the easy part, right? Time to make that cash work for me, not the other way around!

@RicardaWindsheimer День назад

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience…

@Lubumbemusongo День назад

Building wealth involves developing good habits like regular investments and solid financial management. Don't shy away from this crucial topic -it's essential for securing your future. I wish everyone reading this success and prosperity in their lives.

@peardisplay 11 дней назад

On bend points. What is fair about only getting 32% credit for bustin my a**?😢

@jovi4 6 дней назад

Is it true that in 2032 social security payments will be reduced by 25%? So if I’m currently receiving $2000/month, I’ll only receive $1500/month?

@blipco5 10 дней назад

Remove the cap! 👍

@mrbigcat9 10 дней назад

Question If you wait until you are at the age of 70 does the amount that you would get at the age of 70 include all of the COLA adjustments from age 62 to age 70 that people were getting because they choose to collect social security between 62 and 70?

@DrSchor 9 дней назад

Question: Why do you label a statement with a question mark at the end as a question?

@yolandacastillo6312 11 дней назад

I really appreciate your videos. They are my “go to” for accurate, easy to understand information. At full retirement age or 70, is there a maximum monthly amount of Social Security earnings and individual can be paid monthly?

@Cherisse-lj7zf 11 дней назад

It goes up a little each year, but for 2024 it is $4,873.00.

@HolySchmidt 11 дней назад

If you mean is there an ultimate SS Maximum payment. It’s pretty close to the one discussed in the video for a 67 year old and about 24% higher if starting at age 70

@Steve-gx9ot 11 дней назад

This is why PURCHASING POWER IS WAAAAAY WAY. DOWN EVERY year!!!!! I absolutely cannit afford anything tat I used to do when younger even though I made much less moneythen!! B s

@HolySchmidt 11 дней назад

feel your pain

@carolpadgett8618 6 часов назад

Please correct your initial estimate $2000 × .025 cola increase = $2050. NOT $2500!!!! Thanks for your info.

@silversurfertim2123 2 дня назад

Does anyone know if you are collecting SS and still working do they use any of the years after you start collecting?

@KG-xf9ew 9 дней назад

You have GOT to summarize the points in your videos somewhere.

@HolySchmidt 9 дней назад

Do you mean put out a separate video for each of the five? (this is a summary :) ).

@KG-xf9ew 8 дней назад

@@HolySchmidt No, either use the labeled video segments or a listing of what is discussed and where in the video. I know it's because it's more valuable to have people "engage" the entire video.....but what it leads to is people skipping through to find what they want. Even 12 minutes. Otherwise you have fantastic content. Very informative, but you have a slow delivery. Just an opinion. THank you.

@HolySchmidt 2 дня назад

You can adjust the playback speed with the gear icon for the videos you think are too slow (or too fast) :).

@laural1165 11 дней назад

What are your thoughts on the rumors that they are trying to get rid of SS? I’ve worked hard since I was 16 - now 70 and I receive the maximum payment. It’s scary to think I could loose that. Thank you.

@HolySchmidt 11 дней назад

Don’t think it has a snowballs chance of going away (for you anyway). I’d worry about under 40s

@pamelab7235 11 дней назад

I read some time ago that present recipients didnt have to worry, it only would affect future recipients.

@aolvaar8792 9 дней назад

@@HolySchmidt My wife and I are government pensioners, we get large pensions and Large SSA retirement benefits. I hear a lot of talk about Means Testing.

@helenguinooban День назад

At present the people hearing news for October.

@tedjohnson4451 11 дней назад

Newly Retired: Received my first CalPers Payment on October 1st. I'm not touching my Coordinated Social Security until August 2025 at the Earliest. My 403b will carry me at least that long, perhaps longer. Boarding the Plane for Cebu City later this month... Will see what that does to my Expenses... My Trial Budget shows a 25% reduction [after 90 Days] in Expenses, with a much higher Standard of Living.

@schadlarry 11 дней назад

I made a spreadsheet to estimate my SS a few years ago. Do the index factors change each year? I went to the SS site and saw their index factors are now lower than the one I had used. Maybe I used the wrong factors when I created the spreadsheet. Update: I went to the SS site and I guess your individual factors will be for the year you turn 62, and then set in stone when that year arrives.

@jamesgreen1857 11 дней назад

I just did the same today and printed out both so I know I used the same year and yes the multipliers were lowered since January when I checked it last I don't get how they can lower unless we had negative inflation which we haven't

@schadlarry 10 дней назад

@@jamesgreen1857 I probably set mine up 3 or 4 years ago. Then I looked at the 2024 factors and the numbers were lower but I think those are numbers for people who've reached retirement age this year (62). I'll hit 62 in 2026 and looked up those factors and they were indeed higher, albeit still an estimate but my calculated benefit is always higher than SS estimate.

@jamesgreen1857 10 дней назад

@schadlarry both of the times I looked it up were for the yr I turn 62 and the numbers are lower from the first of the year. It had previously gone up from when I checked in 22 amd is still up from that time. I don't get how it would ever go down unless they changed the way they calculate it now, which could be the case

@Nebraskagal 3 дня назад

I got $44 for cost of living I spent 10 extra dollars for Medicare and I lost $50 in benefits I think I lost all the way around

@williamsrdan 9 дней назад

2.5% increase? Even the Dollar Tree went up 25% in cost. The cost of living is way higher than Disability provides, especially when we don't have one of those extra sources of income. I can't afford housing or a campground, because of the government mandated poverty that forces me to be homeless, living in an RV on the side of the road... And then local governments ban overnight parking. You are way too focused on the rich, and able-bodied. What about someone that became disabled before age 25? From a middle class family? You are out of touch with real lives. A few years ago, Bernie was talking about needing $2k/mo to survive, yet Disability provides less than $1300/mo, in California with it's bonus. The work requirements for someone getting Disability is cruelty. It was impossible for me to get the work credits because I was too disabled to qualify for disability.... that's cruelty. Medical Discrimination. You force people to be homeless. Its not a choice, there no option. And yes, I've looked at all the assistance programs in the area, none of the low-income housing are less than the entirety of Disability support. Campgrounds cost more than the entire month of Disability support. And its illegal to be homeless........ You've turned the Disabled into criminals simply for being Medically Disabled. This is an injustice!!

@doskraut 3 дня назад

We retired folks know we might have to return to work or become homeless.

@JimBarksdale-d1o 2 часа назад

Maybe enough for a loaf of bread!!!!! Sad…everything else has consumed our checks except raise!!!!

@lilblackduc7312 11 дней назад

Thank you...🇺🇸 👍☕

@HolySchmidt 11 дней назад

Our pleasure

@csharp7926 11 дней назад

wow. 2.5%. we ge+ boned again.

@peterbedford2610 9 дней назад

The elusive cola nut

@carinwiseman4309 18 часов назад

Cola is a joke. Inflation is still very high. I expect this will not even cover the increase in Medicare costs.

@walkingdude8779 7 дней назад

Wage cap should be tied to SS COLA. Wage cap has exploded. I know many would like the wage cap eliminated but SS is already a bad deal for those hitting the cap. That third (15%) bend point cheats high earners.

@SonnyPruitt-q1s 8 дней назад

Dont forget your Medicare is going up $10 a month..my Part D went from $6.80 to $38.60 a month..that 2.5% cola is so generous.. NOT!

@susanb.5806 3 дня назад

Find a cheaper Part D plan. There are all sorts of them at zero cost.

@nomadnana5565 3 дня назад

Because they ( BIG gov ) rather give to non American citizens 😢not everyone has more or other income coming in. Less than 3 % doesn't make up for everything doubling in price

@henriettalee3537 5 дней назад

Now i see why so many elderly folk waiting in a food line.Shameful..

@bradleyvanzile1111 5 дней назад

Cola 2025 is terrible

@NikolasMartine01 9 дней назад

Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

@GraceOliviaf7y 9 дней назад

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

@OscarBarnaby3k 9 дней назад

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

@TeddyAlexanderv6 9 дней назад

I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

@OscarBarnaby3k 9 дней назад

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

@TeddyAlexanderv6 9 дней назад

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

@markadouglass 4 дня назад

Holy Schmidt 2.5% let's talk dollars $47.00 a month ? & we gave Ukraine BILLIONS that we have no idea where it is being spent. Great information that everyone should know whether they can survive in the US or not. Thanks

@jd-ekg-7875 7 дней назад

You have a calm low audio, and then every once in a while there are some loud obnoxious attention getting notices that set off my tinnitus… Dmn man.. I’ll try another video later, hopefully you get rid of the annoying excess noise that kills my ears n cause migraines Please consider how many others can’t deal with them either Have a great day

@kaolafson1 4 дня назад

What a crock of garbage

@paulnguyen2227 10 дней назад

Let ppl on disability work a full-time job to get off social security..what you expect to get out of part time 20 hrs a week ..

@DrSchor 9 дней назад

The definition of disability is that you cannot work. What is your plan for helping a person who cannot work take a full time job?

@paulnguyen2227 9 дней назад

Our government is a joke and whoever backs our government is joke too

@greenorganicleaf7036 5 дней назад

Do you like to hear yourself talking I did not go to the main point just change what is change in 2025 you didn't have to brag about so many different things changing from 2025 that means for the people they already receiving so we know all these garbage you talking about