Search results
Results from the WOW.Com Content Network
The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from the third quarter of the previous year. In that sense, COLAs are a ...
For example, the CPI-W climbed 2.5% in the third quarter of 2024, so Social Security benefits will receive a 2.5% COLA in 2025. The latest inflation report was bad news for retired workers on ...
When calculating the cost-of-living adjustment, the Social Security Administration (SSA) uses only the trailing 12-month readings ending in July, August, and September (the third quarter). If the ...
Although the CPI-W is reported monthly, just the trailing-12-month readings ending in the third quarter (July, August, and September) are factored into Social Security's COLA calculation. If the ...
Image source: Getty Images. 1. 2.5% cost-of-living adjustment (COLA) The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%.This is under the 3.2 ...
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
Home & Garden. Medicare. News
The Social Security COLA calculation uses data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) released by the Bureau of Labor Statistics at a specific point in ...