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Good and Bad News on 2025 COLA

Mid October’s announcement date is still over five months away, but Katie Brockman says The Senior League is predicting a pretty scant 2.6% cost of living adjustment (COLA) for Social Security recipients for 2025. On the one hand a smaller COLA means lower inflation. On the other hand 2.6% would be less than the past three years and possibly less than what seniors say they need just to keep pace with their expenses. Full article here.

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