Seniors Could See Higher Social Security COLA in 2025 But Face Financial Difficulties Now

• Social Security beneficiaries likely to see higher 2025 COLA of 2.6% due to March inflation data, per Senior Citizens League estimate • Estimate increased from 1.75% last month due to rise in Consumer Price Index measuring average price changes over time • 2025 COLA estimate would mean $45 more per month, but seniors struggling with high inflation now • Final 2025 COLA calculated during 2024 third quarter and compared to year prior • Senior Citizens League concerned about seniors' declining purchasing power and financial uncertainty