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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 ...
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 ...
The COLA is a pivotal part of the Social Security program that reflects the next year's increase in Social Security benefits. For instance, if the COLA is 5%, most retirees will see a 5% bump to ...
For this reason, it is often referred to as the 2025 COLA. As of the latest available data (November), the average retired worker receives a monthly Social Security benefit of $1,925.46.
When you look at the history of Social Security COLAs since the turn of the century, the 2025 COLA is remarkably average. It ranks as the 12th highest COLA since 2001 and sits just under the 2.58% ...
How the new COLA can affect your retirement plan in 2025. The most direct and obvious effect of the new COLA is the increase in monthly benefits. If your monthly Social Security benefit is $1,000 ...