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