Weekly financial and retirement guidance with Ben Schrock of BA Schrock Financial Group in Wadsworth, Ohio. Also serving the Cleveland and Akron areas. This podcast will help you learn important financial concepts that allow you to retire with confidence.
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Weekly financial and retirement guidance with Ben Schrock of BA Schrock Financial Group in Wadsworth, Ohio. Also serving the Cleveland and Akron areas. This podcast will help you learn important financial concepts that allow you to retire with confidence.
Year-End Planning Part 1: 2025 Social Security Updates
Unlocking Your Financial Future
12 minutes
1 year ago
Year-End Planning Part 1: 2025 Social Security Updates
As we approach the end of the year, it’s the perfect time to talk about some year-end planning strategies. In this two-part episode, Ben and Dan will cover what you need to know and think about before we head into the new year. Listen in as they discuss the new cost of living adjustments, earnings limits, and the Windfall Elimination Provision. Don’t miss part 2 of this conversation and we talk about year-end tax planning!
Here’s some of what we discuss in this episode:
Social Security Cost of Living (COLA) adjustment
The FICA Wage Base and Earnings Test Limit increase
The average retirement benefit on Social Security right now
The impacts of the Windfall Elimination Provision
For more, visit us online: https://baschrock-fg.com/
Unlocking Your Financial Future
Weekly financial and retirement guidance with Ben Schrock of BA Schrock Financial Group in Wadsworth, Ohio. Also serving the Cleveland and Akron areas. This podcast will help you learn important financial concepts that allow you to retire with confidence.