COLA Increase for Social Security Retirees Aged 62 and Older – $600 Extra Annually on the Way
Millions of American retirees are about to receive a financial boost as the Social Security Administration (SSA) implements the 2025 cost-of-living adjustment (COLA). Designed to offset inflation and rising costs, this 2.5% increase will affect monthly benefits for all Social Security recipients. If you’re 62 years or older and already receiving payments, you qualify for … Read more