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Here's what Social Security's 2025 COLA means for your monthly benefit. Throughout the 2010s, beneficiaries had little to look forward to. ... from $1,513 to close out 2024 to an estimated $1,551 ...
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.
Based on August's CPI-W reading, the nonpartisan Senior Citizens League is projecting that 2025's Social Security COLA will amount to 2.5%. This is a notch below its previous 2.57% estimate .
The current Social Security COLA projection for 2025 is 2.5%, according to the Senior Citizens League. TSCL updated its 2025 COLA prediction based on August's CPI-W data, which came in at 2.5%.
The Social Security Administration has announced a 2.5% cost-of-living adjustment for recipients in 2025, the smallest such increase since 2021.
That's a notch higher than a previous estimate of 2.57% but also well below the raise seniors received at the start of 2024. ... But we won't get an official 2025 Social Security COLA announcement ...
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 ...
Average estimated monthly increase in 2025. Average estimated 2025 check amounts. Retiree. $1,920.48. $48.01. $1,968.49. Retired couple, both receiving benefits . ... How Social Security COLA is ...