Social Security COLA can sweeten your finances

If you’re receiving Social Security benefits, you will see some bigger checks in 2025. How can you best take advantage of this increase?First, here’s some background: Each year, the Social Security Administration adjusts payments based on the rate of inflation. In 2025, this cost-of-living adjustment, or COLA, will be 2.5%. While this figure is lower than the 3.2% bump for 2024, and ...