Goodbye 2024, Hello 2025 Understanding the Latest COLA Changes
Retirees can now prepare for the official announcement of the 2025 Cost-of-Living Adjustment (COLA) to their Social Security benefits. The Social Security Administration (SSA) is set to incorporate this increase into monthly payments starting January 3rd, 2025. This COLA increase is particularly significant as Social Security accounts for approximately 30% of income for Americans aged … Read more