The Social Security Administration (SSA) announced that the cost-of-living adjustment (COLA) for Social Security and Supplemental Security Income (SSI) recipients in 2025 is projected to be lower than expected. The SSA uses the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) to calculate COLA, and the latest data indicates a smaller increase in inflation than previously anticipated. This means that Social Security and SSI payments will likely rise by a smaller percentage next year, affecting millions of retirees and disabled individuals.
