Learn income limits and other restrictions to avoid having your Social Security benefits suspended or terminated.

Last month, the Social Security Administration announced that beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in 2025. In fact, a recent survey conducted by The Motley Fool found that 54% of retired workers believe the 2025 COLA is insufficient.

The idea of depending entirely on Social Security doesn't sit well with me. That's why I'm taking control now by building retirement accounts.

Gen Xers say they are worried they may not receive their benefits at retirement age if Social Security funds are depleted.

Social Security's cost-of-living adjustment (COLA) isn't the only notable change to America's top retirement program in 2025.

Since 2002, national pollster Gallup has surveyed retirees on an annual basis to gauge how reliant they are on their Social Security income. During this 23-year stretch, 80% to 90% of respondents, including 88% in the latest survey released in April 2024,

But the truth is that your monthly benefit is never truly locked in, because each year, Social Security recipients are eligible for an automatic cost-of-living adjustment (COLA).