Tag: Social Security 2025
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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…