Will There Be a New Social Security COLA in 2025?
The Social Security cost-of-living adjustment (COLA) is a yearly adjustment to Social Security benefits to keep pace with inflation. The COLA is calculated based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which measures the average change in prices of goods and services purchased by urban wage earners and clerical workers. If the… Read More »