Social Security COLA on track for smaller increase in 2025
Housing Wire
SEPTEMBER 16, 2024
in 2010, 2011, and 2016 and as high as 8.7% The data indicates that low-income seniors are more affected, but those in a higher income bracket are also posting higher spending levels relative to their income. Still, despite the sharp reduction expected in this year’s COLA, the currently predicted increase of 2.5%
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