2025 Social Security Benefits: How Rising Inflation Impacts Retirees’ Finances
The Impact of Rising Inflation on retirees Cost-of-living adjustment, also referred to as COLA, is a yearly increase in Social Security benefits for other government programs. Such programs include the Supplemental Nutrition Assistance Program (SNAP). Even though an official COLA adjustment varies from year to year, it became adjusted to 2.5 percent for the year … Read more