2025's Social Security Cost-of-Living Adjustment (COLA) Estimate Just Got a Little Bigger. Here's What You Need to Know.
Inflation is slowing, but seniors on Social Security still feel its effects. Many have seen their expenses rise more quickly than their monthly checks and hope the 2025 cost-of-living adjustment (COLA) will bring some relief.
The latest projections show a higher COLA estimate compared to June, but you need to keep a grounded perspective about what this could mean for you. Below, we'll take a closer look at how much the COLA estimate jumped from last month and what effect that could have on the average benefit.
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Source Fool.com
