Social Security Benefits Will Increase by 2.5% in 2025: Key Updates
In 2025, Social Security beneficiaries can expect a 2.5% increase in their monthly payments, thanks to the annual Cost-of-Living Adjustment (COLA). This increase is designed to help recipients keep pace with inflation and rising living expenses. Here’s a breakdown of what this means, who benefits, and how it could impact your finances. Why Are Social … Read more