:be Aktie
WKN DE: A3CWWB / ISIN: AT0000A2SGH0
24.11.2024 10:52:00
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Why Retirees' Average Take-Home Social Security Increase in 2025 Will Be 20% Lower Than They Might Expect
Less than six weeks remain before retirees will get a raise. Last month, the Social Security Administration announced that the next cost-of-living adjustment (COLA) will be 2.5%. The adjustment takes effect on Jan. 1, 2025.But retirees shouldn't count on receiving that full amount. Here's why the average take-home Social Security increase will be roughly 20% lower than they might expect.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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