:be Aktie
WKN DE: A3CWWB / ISIN: AT0000A2SGH0
21.10.2024 13:00:00
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Social Security's 2025 Cost-of-Living Adjustment (COLA) Will Boost the Average Spousal Benefit -- but It Probably Won't Be a Huge Difference-Maker
Social Security's 2025 cost-of-living adjustment (COLA) came in at just 2.5% -- the lowest COLA since 2021. This is no surprise to those who have watched inflation steadily cool throughout the year. But it doesn't change the reality that many seniors will find themselves shouldering more of the financial burden in 2025.Those who rely on spousal Social Security benefits may find things especially challenging next year. These checks are smaller than retirement benefits, to begin with, and the COLA won't change much. But understanding what you'll get next year and creating a plan can help you feel more in control.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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