2025 Social Security Updates: Key Changes in Cost of Living and Benefits
The 2024 cost-of-living adjustment (COLA) for Social Security beneficiaries will be the last major boost retirees experience until December. Beginning in January 2025, a new COLA will take effect, featuring a more modest increase that will be reflected in Social Security payments. While this shift may be anticipated, it’s essential for beneficiaries to understand how … Read more