Excited About Social Security's Upcoming COLA Announcement? That's Not the Only Change Set to Be Revealed Next Week

The Social Security Administration is set to announce its Cost-of-Living Adjustment (COLA) for next year, which will affect millions of beneficiaries.

In addition to the COLA, the SSA will also reveal other changes to the program, so beneficiaries are advised to stay informed.

While this news may not directly impact seafarers, it could affect their family members who are beneficiaries or influence their retirement planning.