Social Security's 2025 COLA Reveal Isn't the Main Event on Oct. 10 -- For Wall Street and the Rise of Artificial Intelligence (AI), This Is...

10.10.24 11:06 Uhr

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For the more than 68 million beneficiaries currently receiving a Social Security check each month, today is kind of a big a deal. In less than four hours, the September inflation report will be released by the U.S. Bureau of Labor Statistics and the Social Security Administration (SSA) will have the final puzzle piece necessary to calculate the 2025 cost-of-living adjustment (COLA).Social Security's COLA is the tool the SSA uses to increase benefits most years to ensure that beneficiaries don't lose buying power. This will likely mark the fourth consecutive year of an above-average "raise."But Oct. 10 is about more than just Social Security's 2025 COLA reveal.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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