The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Updated, and It May Surprise Retirees

Brisk inflation on the tail end of the pandemic led to a historic 8.7% cost-of-living adjustment (COLA) for Social Security benefits in 2023. Retired workers hadn't received a pay raise that large in four decades. Yet, the 2023 Retirement Confidence Survey (RCS) conducted by the non-profit…#socialsecurity #craigcopeland #rcs #seniorcitizensleague #tscl #clericalworkers

Source: Reuters: Health - April 16, 2024 Category: Consumer Health News Source Type: news