Social Security COLA 2024

Social Security’s 2025 COLA Announcement – A Turning Point for Retirees

by
Donald Trump

The Social Security Cost of Living Adjustment (COLA) for 2024 has left many seniors frustrated. With a modest 2.5% increase, many retirees feel their financial struggles are worsening. In fact, a recent poll by The Motley Fool revealed that 50% of retirees are considering rejoining the workforce to supplement their income, reflecting the gravity of … Read more

Social Security Issues Official Update – Important December Notice for Retirees

by
Donald Trump

Each year, Social Security beneficiaries receive a Cost-of-Living Adjustment (COLA) to help their benefits keep pace with inflation. For 2024, the COLA increase is 2.5%, a modest rise compared to previous years like 2023’s 8.7%. This adjustment, along with changes to Medicare premiums and potential tax implications, could significantly impact retirees. Let’s break down these … Read more