Social Security Just Announced the 2025 COLA. Here's How It …
2 days ago · At 2.5%, the 2025 COLA is below average and the lowest since the 1.3% COLA in 2021. The good news: The 2025 COLA could be lower. The could-be-better news: The 2025 COLA could also be higher.
Disappointed by the Social Security COLA? There Could Be More Bad News ...
8 hours ago · Next year's COLA will be smaller than many retirees hoped, and there's not-so-good news about the future. The Social Security Administration (SSA) recently announced the upcoming cost-of-living ...
Social Security will announce the 2025 COLA within days ... - CBS News
Oct 8, 2024 · The roughly 70 million people who receive Social Security payments will soon learn how much they'll receive in their 2025 benefit checks, with the program's annual cost-of-living adjustment (COLA...
Social Security COLA dates to know for 2025 - USA TODAY
Sep 25, 2024 · The Social Security Administration will officially announce the 2025 COLA on Oct. 10. This is when we'll get the last piece of information we need to calculate it — the September 2024 Consumer...
How the 2025 COLA will change your benefit - CBS News
Oct 10, 2024 · The Social Security Administration set its 2025 cost-of-living adjustment at 2.5%, the smallest annual COLA hike since 2021. Although inflation has eased from its pandemic-era heights, some ...
Social Security recipients will get 2.5% COLA boost in 2025 | AP News
Oct 10, 2024 · WASHINGTON (AP) — Millions of Social Security recipients will get a 2.5% cost-of-living increase to their monthly checks beginning in January, the Social Security Administration announced Thursday. The cost-of-living adjustment, or COLA, for retirees translates to an average increase of more than $50 for retirees every month, agency officials said.
2025 Social Security COLA forecast rises as inflation stays elevated
May 15, 2024 · Social Security's 2025 COLA estimate inched up to 3.2% as inflation stays elevated. An expected Medicare premium hike could eat up any COLA gain.
Cost-of-Living Adjustment (COLA) Information | SSA
The 2.5 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 68 million Social Security beneficiaries in January 2025. Increased payments to nearly 7.5 million SSI recipients will begin on December 31, 2024.
Social Security recipients to receive 8.7% COLA benefit increase - NBC News
Aug 11, 2022 · Social Security recipients struggling with higher inflation get a major boost in their monthly benefits starting next year. The agency announced an 8.7% cost of living increase for 2023 on Thursday.
Why October 12 is a big day for Social Security recipients - USA TODAY
Oct 8, 2023 · Seniors on Social Security were thrown a major bone at the start of 2023, when their benefits rose 8.7%. That cost-of-living adjustment, or COLA, was the largest one to arrive in decades, and it...