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The projected 2025 COLA for Social Security is 2.57%, according to an August 14 TSCL email, resulting in another drop. That percentage is likely to change, but the concern is that the COLA ...
A historically high rate of inflation has led to three consecutive years of above-average COLAs. U.S. Inflation Rate data by YCharts.. 4. The 2025 COLA has big shoes to fill
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% ...
For context, the average retired worker collects around $1,900 per month, as of June 2024. If the 2025 COLA does land at around 2.6% as is currently projected, that would only amount to around $49 ...
The latest estimate of Social Security's cost-of-living adjustment (COLA) for 2025 slipped to 2.7% after the government said inflation cooled more than expected in June, new calculations showed ...
In mid-May, following fresh inflation data, the Senior Citizens League upped its 2025 Social Security COLA estimate ever so slightly to 2.66%. That's an improvement from 1.75%, but it may read as ...
COLA increases for 2025. Beneficiary type. Average 2024 check (as of June) ... Next year’s COLA is expected to be much smaller than the record-breaking 8.7 percent increase seen in 2023.
Some seniors may find it helpful to see a 2.6% COLA estimate for 2025. Others may not be putting much faith in that estimate since it's still relatively early on in the year.