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Type of Beneficiary. December 2024 Average (Includes COLA) November 2024 Average (Before COLA) Monthly Difference. Retired workers. $1,975.34. $1,925.46
Consider it like this: If the average retired worker benefit at age 70 is $2,068 per month, and Social Security's 2025 COLA is 2.5%, then the average 70 year old will receive an additional $51.70 ...
Whatever the official amount of the 2025 COLA is, it will bring both good news and bad news to retirees. The good news is that retirees' Social Security benefits will be higher beginning in ...
SSB 5085 merges LEOFF-1 with the TERS-1 and FERS-1 pension systems, using the surplus assets to ensure that all members receive benefits at least equal to their original plans and an ongoing COLA ...
But let's get back to the CPI-W. Based on initial inflation data, the current 2025 Social Security COLA estimate is 2.63%. That's below the 3.2% boost retirees got at the start of 2024.
But actually, a 2.5% COLA for 2025 isn't bad news at all. And there's a big reason for that. ... The $ 22,924 Social Security bonus most retirees completely overlook. If you're like most Americans ...