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The current Social Security COLA projection for 2025 is 2.5%, according to the Senior Citizens League. TSCL updated its 2025 COLA prediction based on August's CPI-W data, which came in at 2.5%.
The COLA ran as low as 0.0% in 2010, 2011 and 2016, and as high as 8.7% in 2023. The Social Security Administration sets its yearly COLA based on inflation during the third quarter, or from July ...
US Inflation Rate Chart. ... 8.7% in 2023, and 3.2% in 2024. ... On Oct. 10, following the release of the final puzzle piece needed to calculate Social Security's 2025 COLA (the September ...
In 2023, seniors on Social Security received a whopping 8.7% COLA-- the largest to arrive in decades. But this year's COLA was a relative disappointment at just 3.2%. A person holding a document ...
Data source: Social Security Administration. As shown above, CPI-E inflation averaged 3.4% through the first eight months of 2024. That is three-tenths of a percent above the average CPI-W reading.
Source: Social Security Administration. Chart by author. For some perspective, the average COLA since 1975 is 3.75%. The highest-ever COLA was 14.3% in 1980. In 2010, 2011, and 2016, there were no ...
What will the COLA be for Social Security in 2025? The 2025 cost-of-living adjustment is forecast to come in at about 2.5% , according to the Senior Citizens League (TSCL), an advocacy group for ...
With the understanding that COLA forecasts are still fluid, let's take a closer look at exactly how much a 2.7% cost-of-living adjustment would increase Social Security checks in 2025.