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Tag: seniors

Social Security’s 2025 COLA Is on Track to Do Something That Hasn’t Happened in 28 Years

The Social Security's 2025 Cost-of-Living Adjustment (COLA) is projected to reach a high not seen in 28 years. While this significant increase aims to address inflation, it may still fall short in alleviating the rising costs seniors face, such as healthcare and housing. The article highlights the need for reform in how COLA is calculated to better reflect the real expenses of older adults.