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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 ...
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 COLA increase will lift the average monthly benefit to roughly $1,974, or $23,683 annually. ... Here's the one number Social Security retirees should pay attention to in 2025. The 2026 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 ...
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 ...
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 ...
In 2026, FRA will increase again -- anyone born in 1960 or later is going to have an FRA of 67. This shift is occurring because of Social Security reforms that took place in the 1980s.
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 ...