One Social Security rule that isn't changing in 2025 is the threshold for taxes on benefits. Social Security recipients are subject to taxes on their retirement benefits based on their combined income, which is 50% of their annual Social Security benefit plus other taxable income and nontaxable interest income (such as what municipal bonds pay).

The final round of November’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70, will go out to the third group of retirees in two days. Here is all you need to know about this month’s Social Security payments,

The Social Security Administration announced that starting January 1, benefits and Supplemental Security Income (SSI) will increase due to a cost-of-living adjustment tied to inflation.