COLA

April 9 Social Security Payments- COLA Increase For Retirees Born Early in the Month

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April 9 Social Security Payments- COLA Increase For Retirees Born Early in the Month

On April 9, 2025, the Social Security Administration (SSA) will distribute the first round of monthly payments, incorporating a 2.5% Cost-of-Living Adjustment (COLA) for beneficiaries born between the 1st and 10th of any month.  This adjustment, effective since January 2025, aims to assist retirees in coping with inflation and the escalating costs of essential goods … Read more

Millions of Retirees to Receive COLA Increase in Social Security Payments This April

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Millions of Retirees to Receive COLA Increase in Social Security Payments This April

A new set of Social Security payments will be issued starting on Wednesday, April 9, 2025, continuing the application of the 2.5% Cost-of-Living Adjustment (COLA) that was implemented in January. This adjustment is designed to assist beneficiaries in managing the increasing inflation and the higher costs of everyday essentials. The first group to receive these … Read more