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If the agency announces a 2.5% COLA increase for 2025, as forecast, the typical benefit check would rise by about $48 a month, for a total of $1,955 per payment. What is the VA benefits COLA ...
This year's 2.5% COLA is the lowest since 2021, and it's substantially smaller than the 5.9% and 8.7% raises we saw in 2022 and 2023, respectively. For many retirees, then, this adjustment is a ...
A good news/bad news scenario awaits retirees in the new year. ... the SSA lifted the hood on the 2025 COLA, ... beneficiaries enjoyed raises of 5.9% in 2022, 8.7% in 2023, and 3.2% in 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 ...
The COLA for 2025 is the second straight year of more normal annual adjustments, following large increases seen in 2023 and 2022. The 2025 increase follows this year’s rise of 3.2 percent, which ...
The Social Security Administration has announced a 2.5% cost-of-living adjustment for recipients in 2025, the smallest such increase since 2021.
It's also considerably lower than the COLAs retirees have received over the past several years, as they received a 5.9% benefits increase in 2022; an 8.7% raise in 2023; and a 3.2% raise in 2024.
We're a few months away from the official announcement, but there are a few things we can say about it already. Here's Everything We Know About the 2025 Social Security Cost-of-Living Adjustment ...