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In the early morning hours of Oct. 10, the SSA lifted the hood on the 2025 COLA, which offers something of a good news/bad news scenario for Social Security recipients in the upcoming year.
In October, the Social Security Administration set its 2025 cost-of-living adjustment at 2.5%, the smallest annual COLA hike since 2021. The COLA is based on recent inflation rates, and because ...
Right now, the Social Security tax rate is 12.4% — 6.2% for the employee, 6.2% for the employer. ... Social Security Announced a COLA Increase for 2025 — 5 Things Retirees Should Be Aware Of.
With the September consumer price index (CPI) report now official, the Social Security Administration has announced the 2025 cost-of-living adjustment (COLA). Beneficiaries will be getting an ...
When you look at the history of Social Security COLAs since the turn of the century, the 2025 COLA is remarkably average. It ranks as the 12th highest COLA since 2001 and sits just under the 2.58% ...
Social Security benefits get a 2.5% cost-of-living adjustment (COLA) in 2025. ... That means the COLA applied to Social Security benefits in 2025 will arguably be too small, which is another way ...
Last month, the Social Security Administration announced that beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in 2025. In fact, a recent survey conducted by The Motley Fool ...
Because Social Security recipients received a high COLA of 8.7% in 2023, more beneficiaries are likely to be liable for federal income taxes on their Social Security benefits for the first time ...
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