Social Security is a significant pillar of financial stability for millions of US citizens, especially for retirees and people with disabilities. One exceptional feature of Social Security benefits is the Cost-of-Living Adjustment (COLA), which is specially designed to support people to cope with the market’s inflation. As the calendar approaches 2025, many individuals are eager to know about the upcoming COLA adjustment and how its impact will be in 2025. In this blog, we will enlighten you about the basics of COLA – from what it is to how to calculate it and what to expect in 2025.