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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.
May 28, 2024 at 3:59 AM. ... the Senior Citizens League upped its 2025 Social Security COLA estimate ever so slightly to 2.66%. That's an improvement from 1.75%, but it may read as a ...
It's almost a sure bet that the 2024 Social Security cost-of-living adjustment (COLA) will be around 3%, based on the U.S. Department of Labor's latest inflation data. That's well down from the 8. ...
The percent increase then becomes the COLA in the following year. For instance, the CPI-W increased 2.5% in the third quarter of 2024, which means Social Security benefits will get a 2.5% COLA in ...
And for this reason, many older Americans could be in for a world of disappointment in the new year. Initial estimates are calling for a 2.5% Social Security COLA in 2025. That would make 2025's ...
Based on the June BLS data, the 2024 Social Security COLA will be 3%, according to estimates from The Senior Citizens League, a non-partisan seniors advocacy group. That estimate is up from the ...
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 ...
TSCL's latest prediction says the 2025 COLA will be 2.63%. That would be the smallest COLA in the past few years, and 1.14 percentage points lower than the average since the CPI-W became the ...