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This would be the smallest Social Security COLA since 2020 and would be more than a full percentage point below the long-term average. ... With the projected 2.57% COLA, the average would rise to ...
The average Social Security COLA from 1975 to 2023 was 3.8%. However, the sky-high inflation in the 1970s and early 1980s skews this average somewhat. The median Social Security COLA during the ...
Source: Social Security Administration. Chart by author. For some perspective, the average COLA since 1975 is 3.75%. The highest-ever COLA was 14.3% in 1980. In 2010, 2011, and 2016, there were no ...
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 ...
The Social Security program has existed since 1935, but COLAs were not introduced until the mid-1970s. Back then, the adjustments were much larger than they are now. Between 1975 and 1982, COLAs ...
Social Security's COLA is effectively the "raise" passed along most years that accounts for the pricing pressures faced by beneficiaries. The history of the program's COLA is a tale of two halves ...
In the meantime, Social Security recipients should embrace the CPI-W and prepare for what many would consider a lackluster 2025 COLA. The $ 22,924 Social Security bonus most retirees completely ...
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 ...