Social Security latest COLA update for 2025 increase: ‘Seniors will continue to suffer financial insecurity’

The estimate for 2025′s cost-of-living-adjustment for Social Security recipients is inching upwards ever so slightly. Projections from the non-partisan advocacy group The Senior Citizens League show the long-term COLA forecast is 2.66% in 2025. That’s a slight increase from March’s 2.6% and 2.4% in February. This year, Social Security recipients received a 3.2% boost in monthly benefits, a significant drop from the previous year’s 8.7%. The estimates come as the April Consumer Price Index for Urban Wage Earners and Clerical …