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Tag: COLA

Here's the biggest problem with Social Security's 2025 COLA

Posted on | Posted on angela | Leave a Comment on Here's the biggest problem with Social Security's 2025 COLA
Here's the biggest problem with Social Security's 2025 COLA

There is perhaps no more important announcement related to Social Security than the Annual Cost of Living Adjustment (COLA). Many seniors rely on Social Security for a large portion of their retirement income. Because of this, they rely heavily on COLAs to cover their living expenses from one year to the next. On October 10, […]

3 Social Security COLA Dates You Should Know for 2025

Posted on | Posted on angela | Leave a Comment on 3 Social Security COLA Dates You Should Know for 2025
3 Social Security COLA Dates You Should Know for 2025

JJ Gouin / Getty Images/iStockphoto The Social Security Administration (SSA) recently announced that beneficiaries will receive a 2.5% cost of living adjustment (COLA) in 2025. The new adjustment will increase the average pension check by $48 per month, according to the Senior Citizens League. Read more: Two changes to social security are coming in 2025 […]