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Following August inflation data, TSCL revised its forecast for Social Security's 2025 cost-of-living adjustment (COLA) down to 2.5% (It had been 2.6%). Either way, retired workers and other ...
During 2021 and 2022, it was at levels not seen in decades. The Social Security adjustments from both years reflected this circumstance, and 2021 and 2022 saw COLAs of 5.9% and 8.7%, respectively ...
The average Social Security benefit for retired workers was $1,920 in September 2024. That figure will increase $48 next year in the event of a 2.5% cost-of-living adjustment (COLA). However ...
And the most recent projection puts 2025's raise at 2.5%. That's not the best news. Not only is a 2.5% raise pretty mild to begin with, but it's also the smallest COLA to arrive since 2021. In ...
September 20, 2024 at 3:00 AM. Next month, the Social Security Administration (SSA) will be announcing the latest cost-of-living adjustment (COLA) for 2025. Beneficiaries have been receiving COLAs ...
Maine: $1,741. Kentucky: $1,748. Montana: $1,751. California: $1,767. In 2025, retired workers in the 10 states listed above will get the smallest cost-of-living adjustments (COLAs) in terms of ...
Source: Social Security Administration. The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop.
Based on July's 2.9% CPI-W reading, the nonpartisan Senior Citizens League updated its 2025 Social Security COLA projection to 2.57%. Compared to the 3.2% COLA Social Security recipients got at ...
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