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Retired workers in certain states will get larger cost-of-living adjustments (COLAs) in 2025. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
Here's an example: The median retired-worker benefit is $1,673 per month in Mississippi, the lowest in the United States, so a 2.5% COLA would add about $41.80 to the monthly payout.
So, the cumulative COLA in the last two years should have been 6.8%, but benefits only increased 5.8%. For context, the average retired worker received $1,905 per month in December 2023.
The Social Security Administration has announced a 2.5% cost-of-living adjustment for recipients in 2025, the smallest such increase since 2021.
Retired workers in these 10 states will receive the largest cost-of-living adjustments (COLAs) in absolute dollars next year. Social Security's 2025 COLA Is Official: Retirees in These 10 States ...
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 increase was a lower 3.2%. Source: Social Security ...
In swallowing Social Security’s stingy 2025 COLA bump, some Americans may wonder what federal officials have been drinking.. On Oct. 10, the Social Security Administration (SSA) announced that ...
Social Security benefits received a 2.5% cost-of-living adjustment (COLA) in 2025, but for many retirees, this is not enough to keep up with rising prices. Their monthly checks don't go as far as ...