Social Security's 2025 COLA May Not Disappoint as Much as Expected. Here's Why.
At the start of 2024, seniors on Social Security saw their monthly benefits rise 3.2% And while that cost-of-living adjustment, or COLA, paled in comparison to the enormous 8.7% raise recipients got the year before, it was still a fairly generous boost.
Next year, however, Social Security beneficiaries may be looking at a smaller raise. And at first, that might seem like a bad thing. But when we dig deeper, it's easy to find the economic silver lining.
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Source Fool.com