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Image source: Getty Images. How much more money will retirees get next year? The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year.
The cost-of-living adjustment (COLA) may be the most anticipated change taking effect in 2025, with Social Security recipients set to see a 2.5% raise next year. Starting in 2025, Medicare Part B ...
Image source: Getty Images. But in 2025, Social Security benefits will be rising by only 2.5% due to cooling inflation. And while that's not a terrible increase, it's disappointing in the context ...
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.
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.
However, given that inflation slowdown, it's been clear for months that seniors would be looking at a smaller Social Security COLA in 2025 than in 2024. And for quite some time now, there's been a ...
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 ...
It projects a benefits increase in 2025 of 2.5%. This prediction lines up with what independent Social Security and Medicare analyst Mary Johnson estimates next year's COLA will be.