Social Security’s Cost-of-Living Adjustment (COLA) Adjustments for 2025
The Social Security Administration (SSA) is set to make significant changes to its program payments that will impact the 2025 Cost-of-Living Adjustment (COLA). For millions of recipients who rely on Social Security benefits as their primary source of income, COLA adjustments are crucial in maintaining purchasing power due to inflation. Inflation reduces the purchasing power … Read more