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 2025 COLA is the lowest since 2021, which AARP says reflects a “continued cooling of inflation following a surge in ...
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 ...
The Social Security Administration set its 2025 cost-of-living adjustment at 2.5%, the smallest annual COLA hike since 2021. Although inflation has eased from its pandemic-era heights, some ...
Coca-Cola is recalling 28 million half-litre plastic bottles in Austria due to the risk they could contain small pieces of ...
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