Social Security recipients are set to receive a 2.5 percent increase in their benefits as part of the cost-of-living adjustment (COLA) for 2025. This adjustment, announced on Thursday, represents the smallest increase in recent years and aligns with expert predictions due to a slight easing of inflation. Last year, millions of beneficiaries experienced a significant benefit increase of 8.7 percent, a response to the highest inflation rates seen in decades.
Social Security Reveals 2.5% Cost-of-Living Increase for 2025
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