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Inflation continues to ease. And while that is good news for shoppers, it has a downside for Social Security recipients — a smaller cost-of-living adjustment (COLA). The Social Security COLA for 2025 is now expected to be 2.5%, according to the latest forecast by the Senior Citizens League. That would make it the smallest COLA in four years. Still, a COLA of 2.5% would be about average.

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