:be Aktie
WKN DE: A3CWWB / ISIN: AT0000A2SGH0
20.10.2024 15:00:00
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Disappointed by the Social Security COLA? There Could Be More Bad News Coming.
The Social Security Administration (SSA) recently announced the upcoming cost-of-living adjustment (COLA) for 2025, and many retirees feel discouraged by it.Next year's adjustment will be 2.5%, the lowest since 2021. Once the 2025 COLA takes effect, the average retiree will collect roughly $50 more per month.As costs still remain stubbornly high, shrinking COLAs aren't going far. In fact, a whopping 81% of retirees say that these adjuments provide little to no help with everyday expenses, according to a 2024 survey from The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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