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  2. 73 best discounts for ages 50+: Where to save money for ... - AOL

    www.aol.com/finance/best-senior-discounts...

    Joann Fabrics — 15% discount every day, depending on the location; 15% extends to military and veterans. Michaels — 10% off every day, including sale items. Ross Dress for Less — 10% ...

  3. Projected COLA for 2025: How it's calculated — and what it ...

    www.aol.com/finance/social-security-cost-of...

    The Social Security 2024 COLA increase was a disappointment for many retirees. As of now, the Social Security COLA projection for 2025 is a drop compared to the 2024 COLA, which could...

  4. Here’s the average Social Security benefit for retirees right ...

    www.aol.com/finance/average-social-security...

    Average benefits now and in the future. The estimated average monthly benefit for all retired workers in January 2024 was $1,907. Using 2000-2024 estimates, the annual hike in the average...

  5. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    Reduce benefits for new retirees. If Social Security benefits were reduced by 3% to 5% for new retirees, about 18% to 30% percent of the funding gap would be eliminated. [citation needed] Average in more working years. Social Security benefits are now based on an average of a worker's 35 highest paid salaries with zeros averaged in if there are ...

  6. ‘Social Security is broke beyond belief’: Economist ... - AOL

    www.aol.com/finance/social-security-broke-beyond...

    The "retirement planning evangelist" and professor of economics at Boston University says that paying for all projected benefits through time requires “an immediate and permanent hike” in the ...

  7. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    As of 2019, members are covered under one of four retirement arrangements: CSRS and Social Security; The “CSRS Offset” plan, which includes both CSRS and Social Security, but with CSRS contributions and benefits reduced by Social Security contributions and benefits; FERS; or; Social Security alone.

  8. Social Security: 7 Things The Government Must Do to ... - AOL

    www.aol.com/social-security-7-things-government...

    One way to protect Social Security is to provide more money a month to support lower income people, while decreasing benefits for higher income earners. “Tweaking how benefits are calculated to ...

  9. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.

  10. Social Security: New Proposal for Higher COLA Bump for ...

    www.aol.com/social-security-proposal-higher-cola...

    A new bill has been introduced in Congress that would increase the annual cost of living adjustment (COLA) for retired federal employees under the Federal Employees Retirement System (FERS)...

  11. Social Security Administration - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Administration

    The United States Social Security Administration ( SSA) [2] is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability and survivor benefits. To qualify for most of these benefits, most workers pay Social Security taxes on their earnings; the claimant ...