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US Social Security Administration

Social Security’s latest COLA update: How much more will beneficiaries get next year?

With just a month to go until the official figures are released, welfare recipients are set to see the smallest cost of living increase in three years. The most recent forecast from the nonpartisan Senior Citizens League projects the COLA…

The cost-of-living adjustment of social security for 2025 could be 2.5%

Patchareeporn Sakoolchai | moment | Getty Images Due to record-high inflation, welfare recipients have faced greater cost-of-living adjustments in recent years. However, the increase next year is unlikely to be quite as generous. Based on new government inflation data, beneficiaries…