Important Update – Know Your Social Security Increase for 2025
The Social Security Administration (SSA) has confirmed the 2025 Cost-of-Living Adjustment (COLA), which will bring a 2.5% increase to monthly retirement benefits. While this adjustment offers some relief, it’s smaller than many retirees expected, especially when compared to recent years. With inflation cooling in 2024, the modest increase reflects the current economic environment as we … Read more