Inflation has certainly cooled off from its 2022 peak, but it isn't gone. As a result, Social Security beneficiaries can expect a significant cost-of-living adjustment, or COLA, to increase their benefits in 2025. However, there's more to the story. In this video, I'll discuss two big reasons the COLA might not be enough for retirees to keep up with the cost of living.
*The video was published on July 19, 2024.
The $22,924 Social Security bonus most retirees completely overlook
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