Social Security COLA Boost: How Much Will Retirees Get in 2024?

Social Security COLA Boost: How Much Will Retirees Get in 2024?

Social Security plays a big role in supporting retirees, but did you know that the amount people get can vary based on where they live? In just a few hours, Social Security will announce the new cost-of-living adjustment (COLA) for retirees, which helps their payments keep up with rising prices. However, not everyone will get … Read more

Social Security Update 2025: What Retirees Need to Know

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