• Social Security Announces Lowest Cost of Living Adjustment in Four Years

  • 2024/10/16
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Social Security Announces Lowest Cost of Living Adjustment in Four Years

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  • GUEST: Jenn Jones, VP of Government Affairs, AARP TOPIC: Each year the Social Security Administration announces the cost-of-living adjustment (COLA) for the upcoming year. Last week, leaders announced a 2.5% COLA for 2025. That is smaller than recent years – attributable to slowing inflation. COLA increases are meant to offset rising prices including food, gas and living expenses. This year, retirees on a fixed income have struggled to keep up with inflation and the 2025 COLA is expected to provide some relief. --

    Call us now by dialing #250 on your cell phone and say the key-word “MONEY”

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GUEST: Jenn Jones, VP of Government Affairs, AARP TOPIC: Each year the Social Security Administration announces the cost-of-living adjustment (COLA) for the upcoming year. Last week, leaders announced a 2.5% COLA for 2025. That is smaller than recent years – attributable to slowing inflation. COLA increases are meant to offset rising prices including food, gas and living expenses. This year, retirees on a fixed income have struggled to keep up with inflation and the 2025 COLA is expected to provide some relief. --

Call us now by dialing #250 on your cell phone and say the key-word “MONEY”

It’s time to get your own retirement plan IN WRITING. Learn more at PeakFinancialFreedomGroup.com

Subscribe to our YouTube Channel and watch clips from Peak Financial’s radio & TV show.
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