Social Security Changes in 2025: What You Need to Know
TL;DR Summary
The 2.5% cost-of-living adjustment (COLA) for Social Security in 2025 may seem disappointing compared to recent years, but it's not the smallest on record. Past COLAs have been as low as 0% in 2010, 2011, and 2016, and 1.3% in 2021. The smaller increase reflects easing inflation, which means less drastic price hikes for essentials. Seniors are encouraged to reassess their expenses and explore income opportunities to better manage their finances.
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