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The Social Security Administration set its 2025 cost-of-living adjustment at 2.5%, the smallest annual COLA hike since 2021. Although inflation has eased from its pandemic-era heights, some ...
But as upset as seniors may be about a 2.5% COLA, there's a chance 2026's Social Security raise will be even lower. And that's something beneficiaries should gear up for now. Why the news may not ...
Over the last decade, the cost-of-living adjustment (COLA) increase has averaged about 2.6%, while the COLA was 3.2% in 2024. Nearly 68 million Social Security beneficiaries will see a 2.5% COLA ...
It's worth noting that standard Medicare Part B premiums will be $185 per month in 2025, a $10.30 increase compared with 2024. Medicare beneficiaries who collect Social Security typically pay this ...
The average monthly Social Security benefit is expected to rise from $1,927 to $1,976 once 2025's COLA takes effect. That's a $49 increase. But that doesn't mean you should automatically expect ...
How the 2025 COLA compares to recent adjustments. As of August 2024, the average Social Security recipient received a monthly benefit of $1,783.55. But the average retired worker did a bit better ...
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 ...
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 ...