We're Closer to Nailing Down a 2025 Social Security COLA. Here's How Much of a Boost the Average Retiree's Benefit Might Get
If you're someone who gets a big chunk of your retirement income from Social Security, then you may be itching to know what 2025's cost-of-living adjustment, or COLA, will amount to. Each year, Social Security benefits are eligible for an automatic COLA. And the higher that number is, the more buying power you stand to enjoy.