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Data source: Social Security Administration. As shown above, CPI-E inflation averaged 3.4% through the first eight months of 2024. That is three-tenths of a percent above the average CPI-W reading.
Based on August's CPI-W reading, the nonpartisan Senior Citizens League is projecting that 2025's Social Security COLA will amount to 2.5%. This is a notch below its previous 2.57% estimate .
In 2023, seniors on Social Security received a whopping 8.7% COLA-- the largest to arrive in decades. But this year's COLA was a relative disappointment at just 3.2%. A person holding a document ...
Here's what Social Security's 2025 COLA means for your monthly benefit. Throughout the 2010s, beneficiaries had little to look forward to. This decade featured the only three years over the last ...
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 ...
The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop. ... With One Month Left, COLA for 2025 Forecast at 2.5% ...
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 ...
Inflation slowed a bit in July, and as a result, the nonpartisan Senior Citizens League is now estimating a 2.57% Social Security COLA for 2025. That's a notch below the 2.63% COLA the group had ...