It’s time for us to request your feedback — because this is a crucial question for seniors.
The main topic we cover here is the Social Security cost-of-living adjustment or COLA, which is a Social Security increase that is supposed to be pegged to inflation.
However, despite our legislative efforts, policymakers are still not delivering the results seniors would like to see. The 2024 COLA was 3.2 percent. The 2023 was 8.7, and the 2022 was 5.9. Want your feedback — what’s a number you’d like to see for 2025?
For context, the 2024 COLA increased benefits by about $50 a month on average, with variances depending on the earnings history and other financial circumstances of beneficiaries.
What number would you like to see for the 2025 COLA? You can choose a percentage or dollar amount. Share your thoughts!
