Retiring Soon? Here's What to Know About Your Social Security Payouts, Coming in 2025
Briefly

The 2025 Social Security cost-of-living adjustment (COLA) confirmed at 2.5% has created a mix of relief and concern for seniors about future increases.
Experts indicated that the lower COLA for 2025 reflects slower inflation trends, with some suggesting future adjustments could similarly remain around 2.5%.
The adjustment mechanism for Social Security benefits is linked closely to inflation rates. This year’s lower COLA contrasts sharply with the more than 8% raise seen two years ago.
While lower inflation is generally positive, seniors on fixed incomes may find the reduced COLA concerning for their financial stability in upcoming years.
Read at 24/7 Wall St.
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