Official Announcement from Social Security – Here’s the Projected Increase in Retirement Benefits
The Social Security Administration (SSA) has officially announced the 2025 cost-of-living adjustment (COLA) increase, impacting millions of beneficiaries across the U.S. Each year, the SSA uses the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) to determine the percentage increase. The purpose of the COLA is to adjust Social Security payments to … Read more