The Cost-of-Living Adjustment (COLA) for 2025 has been increased by 2.5%, which will increase Social Security benefits. This incremental benefit has brought relief especially to those citizens who come from the lower income group and who depend on Social Security payments to maintain their financial stability. This increase was necessary, keeping in mind inflation, so … Read more
Amount of COLA payment: As we near April 2025, millions of beneficiaries of Social Security are expected to receive a nice boost to their monthly payment. The Cost of Living Adjustment has set the COLA for 2025 at the rate of 2.5%, a manifestation, so to speak, of the government’s human spirit to keep old-timers … Read more
April has brought a lot of joy to retirees, as more than 3 million Social Security beneficiaries will be enjoying an increase in their monthly payments. Due to the Social Security Fairness Act signed by ex-President Biden in January, certain groups of workers are going to benefit the most, like teachers, firefighters, and police officers. … Read more