Category: People & Blogs
With 68 million people receiving social security benefits many are anticipating the official cola increase announcement for 2025 by the social security administration each year the ssa announces an adjustment for how much it will pay beneficiaries due to inflation this adjustment is based on a percentage... Read more
Category: People & Blogs
Inflation presents a challenge for most american households but it can be particularly pernicious for retirees who live on a fixed income for that reason retirees who have signed up for social security benefits closely monitor the annual cost of living adjustment in their payments 40% of seniors rely... Read more
Category: People & Blogs
Imagine your monthly social security check suddenly not covering your basic needs this is why the upcoming cola announcement for 2025 is crucial every year the social security administration adjusts benefits to keep up with inflation known as the cost of living adjustment or cola this adjustment is... Read more