Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Category Money

2025 COLA forecast shrinks even as more seniors fall into poverty

The cost-of-living adjustment estimate for older adults next year continues to shrink as inflation cools further, according to new calculations. Based on August’s consumer price index report on Wednesday, Social Security’s cost-of-living-adjustment (COLA) in 2025 is forecast at 2.5%, lower…

en_USEnglish