SSA Announces 2.5% COLA Adjustment Effective January 2025
Economic updates affecting millions are more significant than many current trending topics. The Social Security Administration’s (SSA) announcement of a 2.5% Cost-of-Living Adjustment (COLA) effective January 2025 is big news for Social Security beneficiaries, and this increase carries real advantages for recipients. This post explores the headline numbers, the benefits of the adjustment, and why SSA annual COLA remains crucial for millions of Americans. Understanding the 2.5% COLA Adjustment for 2025 Each year, the SSA evaluates whether to raise the benefit payments for recipients of Social Security programs. This adjustment, known as the Cost-of-Living Adjustment or COLA, is linked to...
