What to know about the 2025 Social Security cost-of-living adjustment

The Hill - Oct 11, 2024

The Social Security Administration this week announced a 2.5 percent cost-of-living adjustment (COLA) for this year, a more modest increase in the national retirement and benefits plan that reflects easing inflation in the economy. Last year, the increase was 3.2 percent. In 2022, the increase was 8.7 percent, and in 2021 the increase was 5.9...

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