Senior citizens will get only a small boost in Social Security benefits in 2025
By Tami Luhby, CNN (CNN) — Social Security recipients will see their monthly payments inch up by only 2.5% next year, as the steady decline in inflation puts a damper on the program’s annual cost-of-living-adjustment, the Social Security Administration announced Thursday. Retirees’ monthly payments will rise by about $50 to an estimated average of $1,976
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