Reported about 7 hours ago
Social Security beneficiaries will receive a 2.5% Cost of Living Adjustment (COLA) for 2025, a decrease from 2024’s 3.2%. This change raises questions about whether the COLA is sufficient to keep pace with inflation, especially as the Consumer Price Index showed a slight increase, indicating rising costs. Experts discuss the implications of this adjustment in the context of long-term inflation trends.
Source: YAHOO