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However, the median COLA (in dollars) will vary between states. Read on to see the 10 states in which retired workers will receive the smallest COLAs in 2025. Two Social Security cards intermixed ...
Here's the big picture: While the 2.5% COLA in 2025 is the smallest increase in Social Security benefits in four years -- 3.2% in 2024, 8.7% in 2023, and 5.9% in 2022 -- that means prices across ...
Millions of retired workers, their spouses, and other Social Security recipients are concerned about the 2025 cost-of-living adjustment, or COLA.
The 2025 COLA is expected to be 2.5% The latest projection from The Senior Citizens League puts the COLA estimate around 2.5%. This is below the 3.2% hike recipients got this year and reflects ...
At 2.5%, the 2025 COLA is below average and the lowest since the 1.3% COLA in 2021. The good news: The 2025 COLA could be lower. The could-be-better news: The 2025 COLA could also be higher.
In 2025, Social Security will tax wages up to $176,100, up from $168,600 in 2024. The change takes effect in January 2025, though the tax rate on those wages, 6.2 percent, will remain the same.
Next year's COLA is shaping up to be much lower. Based on the most recent inflation data available, the nonpartisan Senior Citizens League projects that 2025's Social Security COLA will be 2.63%.
Image source: Getty Images. But when a given year's COLA isn't so generous, Social Security recipients can suffer. And unfortunately, based on recent inflation data, it's looking like 2025's ...