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The Potential Social Security COLA for 2025 and Its Impact on Retiree Payments /
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2024-06-23 14:04:28

The Potential Social Security COLA for 2025 and Its Impact on Retiree Payments on Nostr: The Potential Social Security COLA for 2025 and Its Impact on Retiree Payments ...

The Potential Social Security COLA for 2025 and Its Impact on Retiree Payments
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#860763c7 ver:0.04

Retirees eagerly await the Social Security COLA for 2025, estimated to be between 2.57% and 3%. While this increase is significant, concerns about rising costs and the trust fund's condition persist. President Biden's plan to overhaul Social Security has flaws, including a doughnut hole in the payroll tax and switching to CPI-E for COLAs. Retirees should stay informed and utilize resources to plan their budgets accordingly. COLAs are crucial for retirees' purchasing power and long-term financial well-being. #SocialSecurity #COLA #retirement #BidenPlan...

#newstr #SocialSecurity #Cola #RetireePayments #Inflation #ConsumerPriceIndex #Ssa #JoeBiden'sPlan

https://here.news/story/860763c7?ver=0.04
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