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2025 COLA Boost for Social Security Faces Funding Threats

4/20/2025

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Summary

Story summary

In 2025, millions of Americans will feel the impact of a 2.5% Cost-of-Living Adjustment (COLA), boosting average monthly Social Security benefits. The Social Security Fairness Act promises to enhance payments for public sector workers. Yet, looming tax cuts proposed by Trump threaten long-term funding, putting future benefits at risk. Staying informed is crucial for beneficiaries.

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Story summary

In 2025, millions of Americans will feel the impact of a 2.5% Cost-of-Living Adjustment (COLA), boosting average monthly Social Security benefits. The Social Security Fairness Act promises to enhance payments for public sector workers. Yet, looming tax cuts proposed by Trump threaten long-term funding, putting future benefits at risk. Staying informed is crucial for beneficiaries.