Social Security 2025 COLA is projected to decline, putting seniors at financial hardship and increasing their tax burden

The slowing inflation patterns should mean a significantly less cost-of-living increase for older persons in 2019.

The Senior Citizens League, a nonpartisan, nonprofit seniors advocacy organization, conducted study and projected that Social Security’s cost-of-living adjustment (COLA) in 2025 will be 1.75% based on Tuesday’s consumer price index report from January.

That rise would be less than the 3.2% adjustment for this year and the 8.7% adjustment for 2023—the biggest increase in forty years. Furthermore, it would not meet the 2.5% projection made by the Congressional Budget Office.

The senior citizens league’s budget office employs a different formula, “but undoubtedly inflation rates will likely decrease from 2023 levels and the COLA for 2025 to be reduced as well,” stated Mary Johnson, the league’s Social Security officer.