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The Social Security Administration has announced a 2.5% cost-of-living adjustment for recipients in 2025, the smallest such increase since 2021.
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
The COLA for 2025 is the second straight year of more normal annual adjustments, following large increases seen in 2023 and 2022. ... The 2025 increase follows this year’s rise of 3.2 percent, ...
This year, it was 308.729. This 2.49% increase was rounded up to become the 2.5% COLA in 2025. ... the average COLA has been 3.75% if you include this year's COLA. At 2.5%, the 2025 COLA is below ...
The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop. That percentage is likely to change, but the concern is ...
The average monthly Social Security benefit is expected to rise from $1,927 to $1,976 once 2025's COLA takes effect. That's a $49 increase. ... If there's a similar increase this year, ...
If the agency announces a 2.5% COLA increase for 2025, as forecast, the typical benefit check would rise by about $48 a month, for a total of $1,955 per payment. ... Based on the Senior Citizens ...
But a 2.5% COLA for 2025 stings because it's the smallest one to arrive in years. At the start of 2024, seniors on Social Security saw their benefits increase by 3.2%. And the year prior, Social ...