Millions of Social Security recipients will get a 2.5% cost-of-living increase to their monthly checks beginning in January, the Social Security Administration announced Thursday. The cost-of-living adjustment,

For the second straight year, former federal workers will see a smaller increase to their defined-benefit annuities in January, with FERS retirees set for a 2% increase and CSRS annuitants a 2.5% bump.

The Social Security Administration just announced the 2025 cost-of-living adjustment set to impact over 72 million Americans. Experts suggest the adjustment is disappointing. Check out our breaking news to learn more.