purchasing power

COLA Increase 2025 – Expected Changes to Social Security Monthly Amounts

by
Joe Biden

There are some unsettling rumors spreading across the United States: the Cost of Living Adjustment (COLA) for 2025 may be lower than expected, which spells potential financial trouble for retirees. Recent revisions have decreased the projected COLA for Social Security benefits, leaving many seniors concerned about their financial future. This reduction is compounded by the … Read more

The Prospects of a 9% COLA in 2025 – What It Means for Retirees

by
Joe Biden

With economic uncertainties continuing to loom large, discussions about the Cost of Living Adjustments (COLA) for 2025 are heating up. Comparisons with the notable 8.7% increase in 2023 have fueled speculation about next year’s adjustments. Economists, lawmakers, nonprofits, and other experts are keen on predicting the next COLA figure while striving to stabilize the economy, … Read more