Social Security benefits are eligible for a cost-of-living adjustment, or COLA, each year. The purpose of COLAs is to help ...

The Elective Deferral Limit is the maximum contribution that can be made on a pre-tax basis to a 401(k) or 403(b) plan (Internal Revenue Code section 402(g)(1)). Some still refer to this as the $7,000 ...

The maximum possible Social Security benefit requires a long, highly-paid career. You can maximize your monthly payment by waiting until age 70 to claim. But it might not be worth waiting to retire ...

The average retired worker collects around $2,013 per month in Social Security benefits, according to November 2025 data from the Social Security Administration. In 2026, however, it will be possible ...

The average Social Security retirement beneficiary is expected to receive a monthly payment of about $2,064 in 2026, based on the most recent data provided by the Social Security Administration. But ...

Achieving the maximum Social Security benefit can be challenging, especially for the average retiree. However, it is possible with the right strategy. In most cases, maximizing your benefit is more ...

Social Security calculates your monthly benefits using the 35 years when your earnings were the highest. You need to earn above the wage base limit for 35 years to be eligible for the maximum benefit.