Social Security increase 2025: Latest COLA estimate likely bad news for seniors

  • by:
  • Source: al
  • 05/20/2024

Social Security recipients are on track for a slightly higher cost-of-living adjustment in 2025 but rising costs will likely eat away any extra benefits, experts are warning.

Non-partisan advocacy group The Senior Citizens League’s latest estimate for 2025′s COLA is 2.66%, up from 2.6% last month and 1.75% from two months ago. The increase is due to figures from the March Consumer Price Index for Urban Wage Earners and Clerical Workers which came in at 3.4%.
 

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