cost-of-living-increase

9 Key Details Senior Citizens Need to Know About the 2025 COLA

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Featured Image: [Image of a person holding a stack of money] The federal government has announced a cost-of-living increase (COLA) for 2025, which will impact the salaries of federal employees and beneficiaries of certain programs. The COLA is intended to offset the rising cost of living and ensure that individuals can maintain their purchasing power. … Read more

5 Key Factors Driving the 2025 Cost of Living Increase

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The United States Department of Housing and Urban Development (HUD) has set the Fair Market Rent (FMR) for fiscal year (FY) 2025, and the news is not good for renters. The national FMR is expected to grow by 11.3%, which is one of the largest increases in recent memory. This increase will have a significant … Read more