The Social Security Administration (SSA) has officially announced the payment dates for the upcoming cost of living adjustment (COLA) increase in benefits. Beneficiaries will soon learn the exact percentage of the COLA, which the Senior Citizens League (TSCL) predicts will be between 2.73% and 3.2%. The Bureau of Labor Statistics analyzes inflation data annually to determine the necessary increase to ensure Americans can maintain their purchasing power... Analysts anticipate a decrease in the COLA for Social Security benefits in 2025 compared to previous years due to easing inflation. The SSA will announce the 2025 increase on October 10, with the...