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Next year's COLA is shaping up to be much lower. Based on the most recent inflation data available, the nonpartisan Senior Citizens League projects that 2025's Social Security COLA will be 2.63%.
Source: Social Security Administration. The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop.
A person holding a document and using a calculator. ... eager to know how much their monthly benefits will increase in 2025. And based on recent inflation data, there's a new estimate available ...
But as upset as seniors may be about a 2.5% COLA, there's a chance 2026's Social Security raise will be even lower. And that's something beneficiaries should gear up for now. Why the news may not ...
It's also important to recognize that the aforementioned 2.57% COLA projection is only an estimate. Social Security COLAs are calculated based on third quarter CPI-W data. As of this writing, the ...
There's a simple reason I think the actual 2025 Social Security COLA will be higher than current estimates. I suspect inflation will increase in Q3 enough to bump the COLA above the projected 2.6% ...
This 2.49% increase was rounded up to become the 2.5% COLA in 2025. If the CPI-W data were reversed and this year's was lower, there wouldn't be a COLA in 2025. How does the 2025 COLA compare to ...
In 2025, Social Security will tax wages up to $176,100, up from $168,600 in 2024. The change takes effect in January 2025, though the tax rate on those wages, 6.2 percent, will remain the same.