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3 Crucial Social Security Updates in 2025 That Could Redefine Your Retirement Strategy
In 2025, Social Security undergoes key changes: a 2.5% COLA increase raises average benefits to $1,976; the repeal of WEP and GPO enhances benefits for over 3.2 million retirees; and updated earnings limits and a higher taxable wage base impact income and taxes. Understanding these updates is crucial for effective retirement planning.
