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As a result of the 2008 financial and mortgage crisis, a hefty 5.8% increase in COLA was applied in 2009, the most significant increase that Social Security benefits had seen since 1982.
Social Security's cost-of-living adjustments help retirees keep up with rising costs of living. Here's what a typical increase looks like. ... Last year, the cost-of-living adjustment, or COLA ...
Social Security payments saw a big bump in 2022 due to high inflation. Seniors saw an 8.7% increase in payments, which is the biggest Social Security annual increase since 1981. But in 2023, the...
The average COLA: A snapshot in history The Social Security program has existed since 1935, but COLAs were not introduced until the mid-1970s. Back then, the adjustments were much larger than they ...
When you look at the history of Social Security COLAs since the turn of the century, the 2025 COLA is remarkably average. It ranks as the 12th highest COLA since 2001 and sits just under the 2.58% ...
Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits accordingly. In short, the annual cost-of-living adjustment, or COLA, is ...
The 2025 Social Security cost-of-living adjustment (COLA) came in at just 2.5%. For years, groups like The Senior Citizens League (TSCL) have been calling for changes to the way the government ...
Unfortunately, 2025's Social Security COLA isn't exactly going to be a record-breaker. As a result of cooling inflation, benefits will only be rising by 2.5% in the new year.