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Here's Everything We Know About the 2025 Social Security Cost-of-Living Adjustment (COLA) So Far

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Here's Everything We Know About the 2025 Social Security Cost-of-Living Adjustment (COLA) So Far: https://g.foolcdn.com/editorial/images/776306/smiling-couple-looking-at-laptop-screen.jpg

The 3.2% Social Security cost-of-living adjustment (COLA) for 2024 was a bit of a disappointment after the 8.7% COLA for 2023 set a 40-year high. It's been especially tough for seniors who depend heavily on their benefits, as inflation is picking up speed once again.

Many are now shifting their focus to the 2025 COLA, set to be announced this fall, in the hope that it will bring some relief. There's a lot we don't know yet, but here are three things we do know.

Image source: Getty Images.

Source Fool.com

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