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With two months of data still pending, current estimates suggest a 2.57% COLA increase for 2025, which would add about $50 per month to benefits, according to the Detroit Free Press.
Image source: Getty Images. Bad news: Important costs are going to offset some or all of your 2025 COLA. But as noted earlier, Social Security's 2025 COLA is a mixed bag.
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 Compensation Service provides tax-free monetary benefits to veterans with disabilities resulting from or aggravated by military service. Veterans can apply for disability compensation online, by mail, or in person at a VA regional office. VBA evaluates claims based on the severity of the disability and its impact on the veteran's ability to ...
Since 1988 VA disability claim decisions have been subject to federal court review. Disability ratings theoretically represent a veteran's "average impairment in earnings capacity", on a scale from 0 to 100. Veterans who file a disability claim due to PTSD almost always receive a compensation and pension examination by VA-employed or VA ...
This summary is based largely on the summary provided by the Congressional Research Service, a public domain source. [1]The Veterans' Compensation Cost-of-Living Adjustment Act of 2014 would direct the Secretary of Veterans Affairs to increase, as of December 1, 2014, the rates of veterans' disability compensation, additional compensation for dependents, the clothing allowance for certain ...
Starting in January 2025, Social Security beneficiaries will see a 2.5% cost-of-living adjustment (COLA), marking the smallest increase since 2021. This modest adjustment reflects a positive ...
Data source: Social Security Administration. As shown above, CPI-E inflation averaged 3.4% through the first eight months of 2024. That is three-tenths of a percent above the average CPI-W reading.