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It's official: Social Security benefits will receive a 2.5% cost-of-living adjustment (COLA) in 2025, the smallest percent increase in payments since 2021. That means the average retired worker ...
The average cost-of-living adjustment since 2010 has been a more modest 2.3%. But it's one thing to talk about percentages and an entirely different matter when digging into what the 2025 COLA ...
Social Security benefits will get a cost-of-living adjustment (COLA) in 2025. ... The chart below shows how a 2.5% COLA would impact the average monthly payout for different beneficiaries ...
As you can see above, COLAs have cooled off since the elevated inflation of the late 1970s and early 1980s, meaning the 2.5% increase for 2025 is more or less in line with historical norms ...
Across the 10 states where retired-worker benefits will increase most substantially, the median raise would range from $50.60 per month to $54.60 per month if the COLA indeed lands at 2.6%.
The big day is right around the corner.On Thursday, Oct. 10, the Social Security Administration (SSA) will announce the highly anticipated cost-of-living adjustment (COLA) for 2025.
The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.
The 2025 cost-of-living-adjustment is about to be ... anticipated announcement of the 2025 Social Security cost-of-living adjustment (COLA). ... much the average check will likely increase in 2025.