Social Security's 2025 COLA Is on Track to Do Something It Hasn't Done For 15 Years
Seniors on Social Security will almost assuredly be getting a benefits increase in 2025. That's because Cost of Living Adjustments are built into the program to provide seniors with more money as prices rise. Early data suggests costs are up quite a bit, so retirees are going to see more money in their monthly payments.
However, it's important to note that if the 2025 raise comes in at the projected amount (or close to it), it will do something it hasn't done since 2008.
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Source Fool.com
