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The 2025 COLA Could Be a Double-Edged Sword for Retirees
Sean Williams explains that the consensus forecast for the upcoming announcement of Social Security’s 2025 cost of living adjustment (COLA) is shaping up to be about 2.5%. This reflects lower inflation over the past year. Slowing inflation helps nearly all, especially those on fixed incomes who cannot augment their pay, but this COLA is less than previous years and may not fully help seniors keep up. Still, 2.5% is above average COLA payouts since 2010. Read the full piece here for a complete history of COLAs and the metric used to calculate them.