The 2025 Social Security COLA Is a Double-Edged Sword for Retirees. Here's What You Should Know
Inflation is particularly noticeable for people on fixed incomes, like many who receive Social Security. To help offset this, Social Security applies a COLA. For 2025, the COLA will be 2.5%, and while I'm sure retirees appreciate any increase in benefits, many aren't jumping for joy at the amount.
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Most retirees will soon discover that Social Security's fourth consecutive above-average COLA comes at a hefty price.
The Social Security Administration has announced a 2.5% cost-of-living adjustment (COLA) to benefit checks starting in 2025. That's down from the 3.2% increase in 2024 and the smallest COLA ...
What you need to know about the cost-of-living adjustment that Social Security beneficiaries will get in 2025.
Retirees in 2025 will get the smallest Social Security benefits increase in several years. While this may seem disappointing, ...
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