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By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 ...
The Trump administration and federal employee unions are in a head-to-head lobbying battle as workers face a Feb. 6 deadline to decide whether they want to accept a government buyout. The Office ...
A bit more detail. The Office of Personnel Management described the program for eligible federal employees as “paid administrative leave” with benefits until Sept. 30, 2025.
While a lot can happen with various price categories and the U.S. economy over the next 11 months, a viable path does exist for America's top retirement program to endure its fourth 0% COLA in 2026.
2. It's fairly in line with the average COLA over the past 10 years. A 2.5% Social Security COLA might seem stingy compared to recent raises. Not only did benefits increase 3.2% at the start of ...
In 2023, retirees received a Social Security increase of 8.7%. It was the largest annual cost-of-living adjustment (COLA) in four decades. The Social Security benefit increase fell sharply in 2024 ...
These factors partly explain why average Social Security payments this year reflect a different increase than you might expect from the 3.2% COLA. In May 2024, the average retirement benefit was ...
How the 2025 COLA compares to recent adjustments As of August 2024, the average Social Security recipient received a monthly benefit of $1,783.55 . But the average retired worker did a bit better ...