Social Security COLA and Inflation

Inflation is the “silent tax,” and Social Security attempts to help retirees fight against it by implementing a cost of living adjustment (COLA) every year. The government recently announced the 2025 COLA will be 2.5%. But is that enough to keep up with rising costs? On this episode, Daniel and Raz break down the numbers.   Book a Free Meeting with Daniel and Raz For More Information: Higher Ground Financial Group Contact Us at 1-888-263-4434 (888-263-HGFG) -- About the Show & Hosts:Hosted by Tax Attorney Daniel Razvi & Imran "Raz" Razvi. The father and son team has a passion for guiding people toward financial freedom by helping individuals understand and reduce the three biggest retirement killers: risk, fees & taxes. Daniel and Imran are the founders of Higher Ground Financial Group. HGFG aims to provide clients with only the highest quality information, services, and products to help them reach their financial goals.