Social Security Benefits Set to Rise in 2025: What You Need to Know! #COLA25 #socialsecurity

stop worrying about your Social Security benefits big changes are coming in 2025 and I've got the scoop in 2025 Social Security benefits are projected to increase by 2.57% due to inflation this could mean an extra $47 per month for the average recipient but hold on Rising Medicare Part B premiums might offset this boost the final cost of living adjustment or Cola will be announced in October after the latest inflation data is reviewed while some suggest retiring now to lock in the current Cola don't be misled the cola adjusts automatically for those aged 62 and older regardless of retirement age experts like Moody's Chief Economist Mark xandi confirm these projections but inflation's impact on Essentials like housing food and Medicine remains a big concern stay tuned for the official announcement and plan accordingly for more financial updates hit that subscribe button this is NN now news keeping you informed