Social Security announces 2.5 percent cost-of-living adjustment for 2025

The Hill - Oct 10, 2024

Social Security recipients will see a 2.5 percent bump as part of their cost-of-living adjustment (COLA) for 2025. The increase announced on Thursday marks the smallest in years and is in line with experts’ expectations as inflation has eased some. Millions of recipients saw their biggest increase at 8.7 percent last year following decades-high inflation during...

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