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A Small 2025 Social Security Cost-of-Living Adjustment (COLA) Could Be Just the Start of the Bad News for Retirees

By Yahoo! Finance   |   2 months ago
A Small 2025 Social Security Cost-of-Living Adjustment (COLA) Could Be Just the Start of the Bad News for Retirees

Retirees receiving Social Security can expect a smaller cost-of-living adjustment (COLA) next year. This could lead to a depletion of the trust fund sooner than expected. Options to fix Social Security include raising taxes or increasing the full retirement age.

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