Seniors Warned of Lowest Social Security Benefit Increases in Four Years for 2025

ORLANDO, FL – Social Security beneficiaries may face disappointment next year as the increase in benefits is forecasted to be the lowest in the last four years, according to a recent warning from The Senior Citizens League (TSCL). Each year, Social Security payment amounts change based on the cost of living adjustment (COLA), which takes into account inflation and provides seniors with a new monthly check. The past few years have seen significant increases in …

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“2025 Long-Term Inflation Forecast Predicts Lowest Social Security COLA Since 2020” – The 401(k) Specialist

Boston, MA – A recent long-term inflation forecast predicted that the Social Security cost-of-living adjustment (COLA) for 2025 will be the lowest since 2020. This forecast has raised concerns about the financial security of retirees and individuals relying on Social Security benefits. The impact of low COLA on retirement planning and budgeting is significant, as it affects the purchasing power of retirees and their ability to keep up with the rising cost of living. The …

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