Social Security COLA for 2025 Forecasted at 2.66%, Offering Little Relief to Seniors
Baton Rouge, Louisiana – Many older Americans are feeling the impact of high inflation on their finances, with the upcoming Social Security benefits increase in 2025 offering little relief. The Senior Citizens League estimates that the cost-of-living adjustment (COLA) for Social Security in 2025 will be the lowest since the pandemic, at 2.66%. This increase is below the current annual inflation rate, which has been hovering around 3.5% in recent months. Shannon Benton, the executive …