WOW we have some GOOD NEWS! for the Social Security proposed reform to Social Security benefits, specifically a flat benefit of $1,304 per month, which aligns with the 2025 federal poverty line. This reform aims to establish a minimum benefit floor for all beneficiaries, ensuring no one receives less than the poverty line. To fund this, the proposal suggests redistributing funds from higher-income beneficiaries through mechanisms such as eliminating their annual (COLAs)
GOOD NEWS! for the Social Security back payments currently being distributed, noting that over $15 billion has already been sent out with approximately $6 billion more expected this month. These payments, averaging over $6,700 per person(ONE TIME CHECKS ALREADY SENT NOT SENDING ANYMORE BUT, ONGOING MONTHLY INCREASE IS STILL BEING SENT), are a result of the Social Security Fairness Act, which was signed into law this year and retroactively repealed the windfall elimination provision (WEP) and the government pension offset (GPO) from January of last year. The payments are being manually processed for about 900,000 beneficiaries who were affected by these provisions and are expected to be fully distributed by the end of the current month. The average payment amounts may increase due to processing delays. While many of the lump sums are already distributed it unlocks, the possibility of monthly increases for eligible group of people. Not just a possibility. The payments are already hitting the bank account for many check. Are you eligible? These fairness act correction payments are already passed. Many people have received the lump sum amount, but the ongoing monthly increase will continue each and every month for eligible people. This is not a handout. It's a correction you are hard and benefits.
Lets Cover Exact Benefit Increase Calculation Based on current inflation data, How Much More Money You Can Get ? specifically the CPI-W, initial projections suggest a 2.8% increase for the 2025 Social Security Cost of Living Adjustment (COLA) for everyone! SSI, SSDI,VA,Retirement, which is calculated based on July, August, and September data. The trend for this projection is rising, potentially reaching 3% or even 4% by the time of the official announcement. While charts illustrate how a 2.8% COLA would translate to specific dollar increases across various benefit levels, the source acknowledges that even a higher increase might feel insufficient compared to the rising costs of essential goods and services. Despite the modest outlook, any increase is viewed as beneficial given current economic challenges
Social security increase update🔥 The proposed $1,304 Stimulus – what it really is and how close it is to becoming law
📆 Will Social Security & SSI recipients will get 2 payments in June 2025? – it’s all about calendar shifts!
📈 COLA 2025 are bigger benefit checks coming?
🎯 Whether you’re on SSDI, SSI, VA, retirement, or spousal benefits, this update is must-know information to prepare for what's next.
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🔴 In this video, we explore the most trending topics and answer all your burning questions! 2025 stimulus check update ? when will 2025 stimulus check update arrive ? is 2025 stimulus check update confirmed ? 2025 stimulus update ? who qualifies for 2025 stimulus update ? 2025 stimulus update eligibility ? 2025 stimulus check ? when will 2025 stimulus check arrive ? is 2025 stimulus check confirmed ? 2025 stimulus ? who qualifies for 2025 stimulus ? 2025 stimulus eligibility ? 2000 dollar stimulus check update ? when will 2000 dollar stimulus check update arrive ? is 2000 dollar stimulus check update confirmed ? 2000 stimulus check update today ? when will 2000 stimulus check update today arrive ? is 2000 stimulus check update today confirmed ? 2000 tariff rebate ? what about 2000 tariff rebate ? 2000 tariff rebate explained ? 2000 check ? when will 2000 check arrive ? is 2000 check confirmed ? 2000 ? what about 2000 ? 2000 explained ? $2000 stimulus checks ? when will $2000 stimulus checks arrive ? is $2000 stimulus checks confirmed ?
Let's discuss all these questions in this video.
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