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Since 1975, the Social Security COLA has been zero in three different years. (Note: Even in an deflationary environment, the COLA cannot be negative.) It has reached double digits twice, with a ...
Source: Social Security Administration. Since 2014, the average COLA has landed at 2.6%. In some ways, it's a good thing that these adjustments are much lower than they were decades ago.
On Oct. 13, 2022, the Social Security Administration announced that the annual cost-of-living adjustment for Social Security benefits in 2023 would be 8.7%. While on the surface it may seem like...
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The hidden benefit of an average COLA. While next year's COLA will come in lower than the previous three years, there are still some benefits to an average COLA that retirees should consider.
COLA has varied widely over the past 10 years. The lowest COLA in that timeframe was in 2016 at 0.0%, and the highest was in 2023, when COLA was a whopping 8.7%. The Social Security 2024 COLA ...
How does the 2025 COLA compare to previous years? 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 ...
Overall inflation in June 2023 rose 3% from the previous year, ... a 3.0% COLA would represent a big drop from this year’s COLA of 8.7% — the highest since the early 1980s. Social Security ...
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