It’s hard to believe we’re at the midpoint of the year. But alas, we’re actually more than halfway through 2025, which means a lot of people are already starting to gear up for 2026. And for seniors on Social Security, now’s the time when folks really start to think about what their upcoming cost-of-living adjustment, or COLA, will look like.
The purpose of Social Security COLAs is to help recipients maintain their buying power in the face of inflation. COLAs aren’t something lawmakers have to vote in each year. Rather, they’re automatic and tied to inflation.
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