Social Security benefits are designed to provide financial support for retirees, but their adjustments have not consistently kept pace with inflation. For 2025, benefits increased by 2.5%, the smallest adjustment in recent years, while the Consumer Price Index has shown an annual inflation increase of 2.3%. This disparity raises concerns about seniors' buying power as living costs continue to rise, potentially eroding the benefits designed to safeguard them against inflation.
Social Security benefits were not keeping pace with inflation. Despite a 2.5% increase in 2025, rising costs and inflation show retirees may still be falling behind.
The Cost-of-Living-Adjustment (COLA) for 2025 is 2.5%, the smallest in years. Despite this increase, inflation and costs are impacting seniors' purchasing power.
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