December 21, 2024

Social Security’s COLA could shrink to 2.5% for 2025, the lowest increase since 2021

 Social Security’s COLA could shrink to 2.5% for 2025, the lowest increase since 2021

Social Security’s COLA could shrink to 2.5% for 2025, the lowest increase since 2021

The 2025 cost-of-living adjustment is not enough to keep up with real expenses, analysts say.