Retirees at This Age Will Get Biggest Raises Next Year
Social Security's 2025 COLA: Retirees at This Age Will Get the Biggest Raises Next Year
Consider it like this: If the average retired worker benefit at age 70 is $2,068 per month, and Social Security's 2025 COLA is 2.5%, then the average 70 year old will receive an additional $51.70 per month next year. No other age group has a large baseline benefit, so no other group will receive a larger COLA.
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