COLA 2025

2025 Social Security Increase: What COLA Means for Your Benefits

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2025 Social Security Increase: What COLA Means for Your Benefits

Millions of Americans depend on Social Security benefits for financial stability. Each year, the Cost-of-Living Adjustment (COLA) aims to help beneficiaries keep up with rising costs due to inflation. For 2025, a COLA increase is expected, which could impact average Social Security payments and more. Let’s dive into what COLA is, how it affects benefits, … Read more

Social Security Update 2025: What Retirees Need to Know

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Social Security Update 2025: What Retirees Need to Know

Starting in 2025, Social Security recipients will see a change in their monthly payments. The Social Security Administration (SSA) has announced a modest 2.5% cost-of-living adjustment (COLA) for next year. This increase, meant to help beneficiaries keep up with inflation, will add about $48 to the average monthly check. While this adjustment provides some relief, … Read more