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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 ...
For 2024, the Social Security COLA is 3.2%. What is the estimated COLA for 2025? With two months of data still pending, ... See the North State Bank's calculator to adjust for inflation.
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.
With inflation improving, the nonpartisan Senior Citizens League (TSCL) projects the Social Security COLA for 2025 at 2.5% as of September, revised from its higher prediction of 2.57% in August.
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 ...
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A person holding a document and using a calculator. ... following fresh inflation data, the Senior Citizens League upped its 2025 Social Security COLA estimate ever so slightly to 2.66%. That's an ...
Every October, the Social Security Administration (SSA) announces how much more seniors will receive from the government program the next year due to inflation. The COLA for 2025 will be 2.5% ...