Social Security beneficiaries have some changes coming in December and January, due to quirks of the calendar and a payment hike.

Social Security payments receive annual cost-of-living adjustments (COLAs) to protect the purchasing power of benefits from inflation. Americans have ranked inflation as their most pressing financial concern for three consecutive years,

Social Security payments are typically paid out starting on the 2nd Wednesday of the month. The remaining two payments will be paid out on the following two Wednesdays of the month. Which week you receive your payment depends on your birthdate. There is one big exception, which I'll cover below.

A 2.5% cost-of-living adjustment increase will mean an extra $50 a month for most Social Security and SSI recipients.

For more, here's our essential Social Security cheat sheet, and don't miss the Social Security payment schedule and how to apply for Social Security Disability Insurance. What is

The first round of December’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70, will go out to the first group of retirees in eight days. Here is everything you need to know about December’s Social Security payments,

And while it can be challenging to find time for number crunching when you're busy making holiday travel plans and wrapping gifts, it's an important thing to do nonetheless. If you're on Social Security,

The Social Security Administration (SSA) has officially announced a cost-of-living adjustment (COLA) that will provide extra money for retirees starting January 1, 2025. This adjustment will result in a 2.