Benefit-Cuts Looming: Social Security Recipients Face Higher Costs in 2025
Montgomery, Alabama – Social Security recipients in 2025 are expected to see a slight increase in their cost-of-living adjustment, but financial experts are cautioning that rising costs could negate any potential benefits. The Senior Citizens League, a non-partisan advocacy group, has projected a 2.66% COLA for 2025, up from 2.6% last month and 1.75% from two months ago. This increase is attributed to the March Consumer Price Index for Urban Wage Earners and Clerical Workers, …