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With inflation improving, the nonpartisan Senior Citizens League (TSCL) projects the Social Security COLA for 2025 at 2.5% as of September, revised from its higher prediction of 2.57% in August.
There's a simple reason I think the actual 2025 Social Security COLA will be higher than current estimates. I suspect inflation will increase in Q3 enough to bump the COLA above the projected 2.6% ...
TSCL's latest prediction says the 2025 COLA will be 2.63%. ... Social Security recipients should embrace the CPI-W and prepare for what many would consider a lackluster 2025 COLA. The $ 22,924 ...
Initial estimates are calling for a 2.5% Social Security COLA in 2025. That would make 2025's raise the smallest COLA to arrive in years and could put a lot of seniors in a tough financial spot.
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.
Social Security's 2025 COLA: A prediction. The COLA is based on third-quarter inflation data-- specifically, changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W ...
Social Security is the cornerstone of many retirement plans. The program's monthly checks account for more than 50% of total household income for half of people age 65 or older, according to data ...
In mid-May, following fresh inflation data, the Senior Citizens League upped its 2025 Social Security COLA estimate ever so slightly to 2.66%. That's an improvement from 1.75%, but it may read as ...