We’re still about a month away from the official announcement of the 2025 Social Security Cost-of-Living Adjustment (COLA). But a recent prediction puts the number even lower than what previous forecasts had.
According to this article from Kiplinger, the COLA is now predicted to be around 2.5 percent. Down slightly from the figures of 2.9 and 2.6 that were circulating over the past few months, this number is cause for concern. While it’s based on inflation data from the Bureau of Labor Statistics, cooling inflation rates don’t mean that high prices will come down.
Seniors are still struggling. And while this prediction isn’t the final number, we’re justified in being concerned about it. What are your thoughts on this prediction?
Help The Seniors Center Protect the Future of Social Security
The Seniors Center is committed to finding solutions to strengthen and protect the Social Security Trust Fund. Social Security is a contract between citizens and the government. Money deposited in the Trust Fund should only be used to pay benefits to eligible recipients.
The Seniors Center is demanding Congress finally put a stop to the careless borrowing and spending by greedy politicians that has put our Trust Fund and our secure retirement in jeopardy.
At The Seniors Center, our goal is to help seniors, and we’re doing that by protecting the future of Social Security. Retirees shouldn’t have to worry about losing their hard-earned benefits to taxes or the agendas of greedy politicians. If you agree, we invite you to sign our petition today! And follow The Seniors Center on Twitter and Facebook for more updates!
