Social Security Update: In 2025, Your Benefits Might Not Rise Significantly
The announcement of Social Security beneficiaries’ impending cost-of-living increase, or COLA, is anxiously anticipated every October. The goal of COLAs is to keep Social Security recipients’ purchasing power stable in the face of rising living expenses. Consider it in this manner. Let’s say that in 2014, you began receiving $1,500 per month from Social Security. […]
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