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The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop. That percentage is likely to change, but the concern is ...
With the September consumer price index (CPI) report now official, the Social Security Administration has announced the 2025 cost-of-living adjustment (COLA). Beneficiaries will be getting an ...
Although the CPI-W is reported monthly, just the trailing-12-month readings ending in the third quarter (July, August, and September) are factored into Social Security's COLA calculation. If the ...
The Social Security Administration is expected to announce the 2025 COLA in mid-October after the release of the September CPI data. Until then, this is still crystal-ball gazer time. “It’s ...
Data source: Social Security Administration. The increase from 301.236 to 308.729 is roughly 2.49%, which is how we end up with the 2.5% COLA for 2025.
The Social Security Administration will set its 2025 cost-of-living adjustment within days. ... When will the 2025 Social Security COLA be announced? ... The September Consumer Price Index report ...
For instance, the CPI-W increased 3.2% in the third quarter of 2023, so Social Security recipients got a 3.2% COLA in 2024. The Labor Department will publish September CPI-W data on Thursday, Oct ...
Social Security averages the CPI-W data for July, August, and September and compares it to the previous year's number. If the number is higher than the previous year's, the increase becomes the COLA.