Social Security's 2025 Cost of Living Adjustment (COLA) Is Likely to Disappoint: Here's What All Retirees Need to Know Before Oct. 10
Thankfully, the law that underpins Social Security now accounts for inflation: Each year, the program tracks inflation during the third quarter, and based on the reading, determines a cost of living adjustment (COLA) for the next year. The 2025 COLA will be announced on Oct. 10 before going into effect in January.