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As expected, Social Security recipients will be getting a 3.2% cost-of-living adjustment (COLA) in 2024 -- the lowest COLA since 2021, and well below this year's 8.7% adjustment. The Social ...
Image source: Getty Images. The Social Security Administration announced this important change. The Oct. 10 Social Security announcement related to the cost-of-living adjustment, or COLA.. COLAs ...
On Oct. 10, following the release of the final puzzle piece needed to calculate Social Security's 2025 COLA (the September inflation report), the SSA announced that beneficiaries would see their ...
The annual Social Security cost-of-living adjustment, or COLA, is based on third-quarter inflation data, so it was officially announced in October when the last of the official CPI data from the ...
The Social Security Administration will do the same thing to calculate the 2025 COLA, except it'll base its data on the CPI-W figures from 2023 and 2024. It'll be officially announced on Oct. 10, 2024
The Social Security Administration will set its 2025 cost-of-living adjustment within days. ... The September Consumer Price Index report is scheduled to be issued on Thursday, Oct. 10 ...
The Social Security Administration (SSA) will announce the 2025 COLA on Oct. 10, 2024. That's the day the Bureau of Labor Statistics releases its inflation data for September.
What would the 2025 Social Security COLA be using the R-CPI-E? Instead of a 2.5% increase, the COLA would be 3%. The average retired worker's monthly Social Security benefit in August 2024 was ...