SSA Benefit

Social Security Breaks $2,000 Barrier for First Time — But Here’s Why Seniors Are Still Struggling

Social Security benefits for retirees just crossed $2,000/month for the first time in April 2025. But rising costs in healthcare, housing, and food mean millions of seniors still face hardship. Despite annual COLAs, benefits have lost 20% of their buying power since 2010. Lawmakers are weighing reforms, including raising tax caps and adjusting inflation formulas. For now, seniors must plan smartly and explore assistance programs to make ends meet.