Social Security rule changes in April 2025 include larger checks for some retirees.

From Nasdaq: 2025-03-30 18:00:00

Social Security beneficiaries experienced a 2.5% COLA increase in January, with four key changes on the horizon for 2025, including larger checks for 3.2 million retirees affected by the Social Security Fairness Act. Some retirees may face a delay in receiving retroactive payments. Identity verification requirements will be stricter, and direct deposit changes will now take only one business day. The 100% overpayment recovery rate has been reinstated, impacting those who were overpaid by Social Security. Affected individuals can contact the SSA for more information on these upcoming changes.



Read more at Nasdaq: 4 Social Security Rule Changes Taking Effect in April 2025