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Social Security, COLA
Social Security COLA increase: How much more might recipients get in 2025?
Social Security recipients received a 3.2% COLA in 2024, a significant decrease from the 8.7% COLA in 2023, which was the largest increase in four decades. For 2025, using current inflation data from the Consumer Price Index, it’s estimated there will be a 2.5% COLA in 2025, according to The Senior Citizens League (TSCL).
Social Security’s COLA provides invaluable protection
The inflation data for August gives us a pretty good idea about the likely magnitude of Social Security’s cost-of-living adjustment (COLA) for 2025. This automatic indexing of benefits to keep up with rising prices — always a wonderful feature of our Social Security program — has been particularly valuable in light of the recent bout of inflation.
Social Security COLA could go up 2.5% in 2025, latest estimate shows
The actual cost-of-living adjustment for 2025 for Social Security benefits will be announced in mid-October. Early estimates show an average boost.
Social Security 2025 COLA Predictions: Here's How Much More Money You Could Get
While the official COLA will be announced next month, experts following inflation trends month to month can make fairly accurate predictions for what the adjustment will look like
Social Security COLA trending toward lowest increase since 2021
The COLA has been up and down over the last few years as it was 3.2% in 2023, 8.7% in 2022, 5.9% in 2021 and 1.3% in 2020. The Social Security Administration is expected to announce the official COLA for 2025 in mid-October.
Opinion
Opinion: Social Security’s COLA provides invaluable protection
The inflation data for August gives us a pretty good idea about the likely magnitude of Social Security’s cost-of-living adjustment (COLA) for 2025. This automatic indexing of benefits to keep up with rising prices — always a wonderful feature of our Social Security program — has been particularly valuable in light of the recent bout of inflation.
Social Security COLA 2025: Retirees Should Be Prepared for Bad News and More Bad News
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Estimated Social Security COLA increase for 2025 keeps dropping
The next cost-of-living increase for Social Security recipients — which was already projected to be the lowest in years — is continuing to fall even lower, according to the latest figures from the Labor Department.
9d
on MSN
2025 Social Security COLA estimate dips with inflation but more seniors face poverty
COLA estimate fell with inflation, but seniors are struggling. More seniors fell into poverty again last year, data show.
Opinion
Enid News & Eagle
29m
Opinion
COLUMN: $600 Social Security increase in June is false
On Friday, June 14, the Social Security released this statement on the SSA.gov website: “ALERT: Reports of a $600 payment increase in June are FALSE: NO COLA increase ...
5d
on MSN
The 2025 Social Security Cost-of-Living Adjustment (COLA) Is Just Weeks Away. Here Are 2 Things to Watch
The government will announce the 2025 Social Security cost-of-living adjustment (COLA) on Oct. 10, 2024. Though it's not ...
4d
Social Security Payments Set For 2.5% Increase Next Year; Retirement-Oriented Dividend Stocks Like Coca-Cola, Wells Fargo See Gains
Americans receiving Social Security payments may see less of an increase next year, according to a nonprofit group that ...
1d
on MSN
Social Security Update: Lawmakers May Force Vote to Raise Benefits for Some
The Social Security Fairness Act was proposed to reverse the rules surrounding the Windfall Elimination Provision (WEP) and ...
NOLA.com
18h
Thousands of former Louisiana public workers could gain from U.S. House vote on Social Security
HR 82 would eliminate the Windfall Elimination Provision, called WEP, and the Government Pension Offset, or GPO, sections of ...
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