Social Security Announces 2 More New Changes After The COLA – Everything is Going to Change for Retirees

Social Security Announces 2 More New Changes After The COLA

The Social Security Administration has announced two significant changes following the 2024 COLA adjustment: an increase in the taxable maximum earnings limit and a shift in the Full Retirement Age (FRA) for those born in 1959. These updates will impact when and how much retirees receive in benefits, making it essential for future retirees to stay informed and plan accordingly.