Social Security COLAs Could Jump If Trump Is Elected -- but There's a Big Catch for Retirees
Two big events are on the way for retirees. In mid-October, the Social Security Administration (SSA) will announce its annual cost-of-living adjustment (COLA). Less than a month later, Americans will head to the polls.
The November election won't impact the 2025 Social Security increase. However, it could affect future COLAs. Social Security COLAs could end up higher if Trump is elected -- but there's a big catch for retirees.
Source Fool.com