Here's What All Social Security Beneficiaries Need to Know Before the 2025 COLA Is Announced
Each year, Social Security beneficiaries are given a cost-of-living adjustment, or COLA, based on recent inflation data. While we don't yet know what the COLA might be for 2025, here's a rundown of how COLAs are calculated, what they've been in the past, and the latest estimate of what the upcoming COLA might be.
Source Fool.com