$943 or $1,415 in Your January 2025 Check? Here’s What You Need to Know!
Starting January 2025, Social Security beneficiaries will see a 2.5% increase in their monthly payments, thanks to the annual Cost-of-Living Adjustment (COLA). This adjustment aims to help recipients keep pace with inflation and rising living costs. Understanding the COLA Increase The COLA is determined based on the Consumer Price Index for Urban Wage Earners and … Read more