Big Boost for Millions: Social Security Announces Payment Increase for 2025
Millions of Americans receiving Social Security benefits are set to see a boost in their monthly payments starting in January 2025. The Social Security Administration (SSA) has announced a 2.5% Cost-of-Living Adjustment (COLA) for the new year, aimed at helping recipients manage rising costs. This adjustment will impact over 72 million beneficiaries, including retirees, disabled…