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.
1don MSN
Most retirees will soon discover that Social Security's fourth consecutive above-average COLA comes at a hefty price.
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It was in line with the estimate put out by The Senior Citizens League, which expected a 2025 Social Security COLA increase of 2.5%. While this announcement means an increase in Social Security ...
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 ...
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