How Changes in Social Security Laws Could Impact Your Retirement Plans

Social Security just got more complicated. The 2.5% cost-of-living adjustment for 2025 represents the smallest annual increase since 2021, while the full retirement age continues its upward march. Meanwhile, the Social Security Fairness Act eliminated two provisions that had reduced benefits for millions of public workers. These aren’t minor tweaks – they’re changes that could reshape how you approach your entire retirement strategy. But what’s more important is that the Social Security trust fund is projected to run out of reserves by 2034, one year earlier than previously estimated. When that happens, the program will only be able to […]