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The official 2026 COLA will not be determined until October 2025 because it depends on inflation data from the third quarter, which is collected between July and September. First, a 2.3% COLA ...
On Oct. 10, the SSA revealed a 2.5% COLA for 2025, which compares favorably to the 2.3% average raise over the previous 15 years. For retired-worker beneficiaries, who accounted for 81% of the ...
But as upset as seniors may be about a 2.5% COLA, there's a chance 2026's Social Security raise will be even lower. And that's something beneficiaries should gear up for now. Why the news may not ...
Because so many older Americans get most or all of their income from Social Security, a lot of people ages 62 and over depend heavily on annual cost-of-living adjustments (COLAs) to keep up with ...
The Senate budget includes 2.6% pay raises for the next two fiscal years, while the House budget proposed a 4% raise in fiscal 2025 followed by a 2% raise in fiscal 2026.
Key Points. In 2025, Social Security benefits got a 2.5% cost-of-living adjustment. Initial estimates are calling for a similar COLA in 2026. At this point, it’s premature to nail down a COLA ...
A photo of a breakdown of a person's retirement plan including Social Security. In October of 2025, the Social Security Administration will announce the Cost of Living Adjustment for 2026 (COLA).
Unfortunately, FERS retirees receive a smaller COLA adjustment than federal retirees under CSRS, especially when the COLAs are as high as 5.9% and 8.7% respectively. The FERS COLA breakdown is ...