• Public Affairs
• By Elvis C
• 2024 年 10 月 17 日

2025 Sees Modest Social Security COLA Increase for Recipients

As the year 2025 approaches, Social Security recipients can anticipate a modest yet welcomed financial boost in their monthly checks. The Social Security Administration has announced a 2.5% cost-of-living adjustment (COLA), aimed at helping retirees and disabled veterans cope with rising living costs. This increase is designed to provide some relief to individuals relying on fixed incomes, ensuring they can maintain their purchasing power in an ever-changing economic landscape. For many retirees...

• Public Affairs
• By Elvis C
• 2024 年 8 月 15 日

2025 Social Security COLA Increase Projected to be Lowest in Recent Years Amidst Declining Inflation

As the countdown to 2025 begins, Social Security recipients are bracing for what is likely to be one of the smallest cost-of-living adjustments (COLA) in recent memory. Recent government data indicates that inflation is on a downward trend, prompting analysts to project a modest 2.6% increase for Social Security benefits next year. This figure represents the lowest adjustment since 2021, raising concerns among seniors who continue to grapple with rising living costs despite the easing inflation ...