With well over 50 million recipients, Social Security retirement benefits are some of the most relied-on benefits the U.S. offers. The payments provide a financial safety net for retirees, with some depending on the benefits as their sole source of income.

The amount of Social Security retirement benefits a person gets can change from year to year, sometimes in unexpected and unwanted ways. The annual cost-of-living adjustment (COLA) isn't always good news for those getting Social Security.

There hasn't been word yet on the COLA for 2025, but there are projections that may not have retirees beaming with happiness.

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Source Fool.com