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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.
Here's what Social Security's 2025 COLA means for your monthly benefit. Throughout the 2010s, beneficiaries had little to look forward to. This decade featured the only three years over the last ...
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 ...
Based on August's CPI-W reading, the nonpartisan Senior Citizens League is projecting that 2025's Social Security COLA will amount to 2.5%. This is a notch below its previous 2.57% estimate .
The Social Security Administration has announced a 2.5% cost-of-living adjustment for recipients in 2025, the smallest such increase since 2021.
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%.
What will the COLA be for Social Security in 2025? ... 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 ...
Inflation slowed a bit in July, and as a result, the nonpartisan Senior Citizens League is now estimating a 2.57% Social Security COLA for 2025. That's a notch below the 2.63% COLA the group had ...