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The SSA applies a cost-of-living adjustment — more commonly called COLA — to benefits each year to help you keep up with rising inflation. ... COLA has varied widely over the past 10 years ...
Next year's Social Security raise is already a disappointment. But things could get even worse in 2026. ... This year's 3.2% COLA was above average over the past decade, and 2023's 8.7% COLA was a ...
As for why the COLA could be too late, retirees are already paying higher amounts for products and services this year. However, they won't receive the increased benefits based on the 2024 ...
Next year’s Social Security cost-of-living adjustment (COLA) will likely be lower than the increase seniors enjoyed in 2024, according to new estimates, as inflation continues to abate.
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 ...
We're only a few weeks away from finally learning what the 2025 Social Security cost-of-living adjustment will be.Current projections put it around 2.5%, less than the 3.2% beneficiaries got this ...
With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's better than benefits remaining stagnant, but this increase likely isn't ...
Since COLAs became automatic in 1975, the average COLA has been 3.75% if you include this year's COLA. At 2.5%, the 2025 COLA is below average and the lowest since the 1.3% COLA in 2021. The good ...