5 Social Security Changes Retirees Need to Know About in 2025
Social Security will get a lot of small changes in 2025, but big changes are still in the works.
Social Security is in desperate need of some big changes. Without major reform, the Social Security trust fund is set to deplete its reserves by 2033, according to the 2024 Board of Trustees' report. At that point, it would only be able to pay out 79% of benefits due retirees.
But Social Security makes changes every year, many based on inflation. While not every retiree will feel the impact of every one of these changes, they can still play an important role in the overall health of the program. 2025 comes with several important changes, many of which could have a major impact on how much you receive today and in the future.
Here are five Social Security changes retirees need to know about in 2025.
