retirement benefits 2025

$1100 Direct CPP Payment Boost in 2025 – Who Qualifies & When to Expect It

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The Canadian government is going to provide an annual hike of up to $1100 in CPP (Canada Pension Plan) payments. This pension plan is designed for employees who have contributed to it during their tenure. When they reach the age of 60 or 65, the government pays them as their pension. The amount of CPP … Read more

Social Security COLA Cut? February Brings a Painful Surprise for Retirees

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Annual cost life adjustment (COLA) is designed to help retired people with inflation. However, 2025 Cola is the smallest year and is reduced by covering the increasing costs. Retired people here need to know how it affects February and then their finances. COLA Formula Since 1975, social security benefits have been adjusted annually on the … Read more