“High inflation has prompted higher Social Security cost-of-living adjustments.
“But as the rate of price growth subsides, the annual increases for Social Security may fall in 2025 and beyond, predicts Mary Johnson, a Social Security and Medicare policy analyst at The Senior Citizens League, a nonpartisan senior group.
“In 2024, more than 66 million Americans are getting a 3.2% increase to their monthly Social Security checks. For retirees, the average increase is about $59 per month, according to The Senior Citizens League.”
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