In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security report. The report predicts continuing increases in life expectancy, which translates into even more years that beneficiaries will receive Social Security checks.

In 1983, Congress passed a law that gradually increased the age at which people may receive 100% of their Social Security benefits from 65 to 67, a change that was felt over the following decades as Americans approached their retirement age, according to Bipartisan Policy Cente r. The increase aimed to match increasing life expectancy.

The rising FRA is just one of several Social Security changes set to take place in a few short weeks. It's not possible to calculate this exact amount now, because it depends on future COLAs that the government hasn't determined yet.

Workers will have to earn a little bit more to earn their 2025 Social Security work credits, and that's not the only change this year.

What was created as a punch line has lived on for decades, on social media, the runway, and the red carpet. Cohen and Anderson Cooper returned to co-host CNN‘s 'New Year’s Eve Live' this year. There has been an NFL game every Thursday night since Week 1.

Social Security checks will increase, but so will the amount of Social Security taxes workers pay. Retirees claiming benefits under their full retirement age (FRA) can earn more before the government withholds money from their checks.

In 2025, nine states will continue to tax Social Security benefits, impacting retirees' financial planning. Understanding the specific criteria and exemptions in each state is crucial for beneficiaries aiming to optimize their income.