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WKN DE: A3CWWB / ISIN: AT0000A2SGH0
21.10.2024 09:36:00
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Disappointed in Your 2025 Social Security COLA? Here's Why You Shouldn't Be.
On Oct. 10, the Social Security Administration (SSA) dropped a bombshell by announcing that monthly benefits would be rising by 2.5% in 2025. That's a considerably lower cost-of-living adjustment, or COLA, than 2024's 3.2% increase. And it's also the smallest Social Security COLA to arrive since 2021 when benefits rose by just 1.3%.But while you may be disappointed in your 2025 Social Security COLA, a 2.5% raise actually isn't so bad. Here's why.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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