Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

There's a Big Misconception About 2025's Social Security COLA That Needs to Be Cleared Up

TheMotleyFool

0 0

There's a Big Misconception About 2025's Social Security COLA That Needs to Be Cleared Up: https://g.foolcdn.com/editorial/images/787190/senior-man-a-person-using-a-laptop-on-a-couch_gettyimages-1357522262.jpg

Now that we're well into August, many retirees are starting to get antsy over Social Security. Specifically, they're eager to know what cost-of-living adjustment (COLA) they're looking at for 2025.

So far, estimates are pointing to a smaller Social Security COLA in 2025 than in 2024. And that's not what retirees want to hear. But a larger COLA may not do a whole lot of good, either.

Image source: Getty Images.

Source Fool.com

Like: 0

5dbc3998-27ff-4514-9f71-999afc027c36

Share