The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still face high prices.

Social Security only has nine years left until it becomes insolvent, and in light of the Social Security Fairness Act's recent passage, that might be too optimistic. The program is staying afloat by draining money from its trust funds, but it can't do that forever.

When you are on  Social Security, you can expect your retirement benefits to increase during most years. That’s because Cost of Living Adjustments (COLAs) typically happen automatically from year to year.

If you're eligible to suspend your benefits, you aren't required to pay anything back, as benefits are just on pause instead of canceled completely. Another benefit is you don't have to submit a form to suspend your benefits -- you can just call the SSA and they can take care of the rest for you.

The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.

Hundreds of thousands of public employees − including at CSU and Poudre School District − stand to get a Social Security boost from a federal change.

The Social Security Fairness Act is set to significantly increase benefits for many public service workers by eliminating outdated rules. If you qualify, you might also receive back payments for 2024.