Will the Next Social Security COLA Be Higher Than This Year's Increase? The Fed Just Gave a Big Clue.
Most retirees have probably gotten used to their Social Security benefits increase for 2025 by now. The latest cost-of-living adjustment (COLA) of 2.5% began hitting benefit checks in January.This adjustment was lower than the amounts Social Security beneficiaries have received in the last three years. But will the next Social Security COLA be higher than this year's increase? The Federal Reserve just gave a big clue. Image source: Getty Images.Continue reading
Most retirees have probably gotten used to their Social Security benefits increase for 2025 by now. The latest cost-of-living adjustment (COLA) of 2.5% began hitting benefit checks in January.
This adjustment was lower than the amounts Social Security beneficiaries have received in the last three years. But will the next Social Security COLA be higher than this year's increase? The Federal Reserve just gave a big clue.
Image source: Getty Images.
