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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 ...
In October, the Social Security Administration set its 2025 cost-of-living adjustment at 2.5%, the smallest annual COLA hike since 2021. The COLA is based on recent inflation rates, and because ...
Inclusive of the announced 2.5% COLA, the average monthly Social Security check will climb to $1,834.79 to enter the new year, representing an estimated increase of $44.75 per month.
The 2.5 percent adjustment will amount to an average increase of $50 in monthly benefits for retired workers on Social Security beginning in January. Specifically, the average check for retired ...
Social Security benefits will get a cost-of-living adjustment to account for inflation in 2025 Nationwide Retirement Institute reports that 66% of surveyed adults incorrectly agreed with this ...
In the meantime, The Senior Citizens League (TSCL) estimates benefits will increase 2.5% in 2025. Social Security recipients can use that figure to estimate how much additional income they will ...
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