Starting in January 2025, Social Security benefits will reflect the new Cost of Living Adjustment (COLA). This adjustment is added every year to help Social Security beneficiaries keep up with inflation and rising costs. The COLA increase for 2025 is estimated to be around 2.5%, meaning that beneficiaries will receive a little more each month … Read more
Every October, millions of people relying on Social Security eagerly await the announcement of the annual cost-of-living adjustment (COLA) from the Social Security Administration (SSA). This year, the SSA announced a 2.5% increase for 2025. This adjustment helps Social Security recipients—such as retirees, disabled individuals, and others in need—to keep up with rising costs of … Read more
The Social Security Administration (SSA) has announced a 2.5% Cost of Living Adjustment (COLA) for 2025. This means that people who get Social Security benefits, like retirees, people with disabilities, and those on fixed incomes, will see a small increase in their monthly payments. This extra money is intended to help them keep up with … Read more