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Called the Veterans' Compensation Cost-of-Living Adjustment Act of 2024, the law directs the VA to increase veterans' benefits by the same inflation adjustment percentage as Social Security payments.
Image source: Getty Images. The 2025 COLA is expected to be 2.5%. The latest projection from The Senior Citizens League puts the COLA estimate around 2.5%. This is below the 3.2% hike recipients ...
The average cost-of-living adjustment since 2010 has been a more modest 2.3%. But it's one thing to talk about percentages and an entirely different matter when digging into what the 2025 COLA ...
The annual Social Security cost-of-living adjustment, or COLA, is based on third-quarter inflation data, so it was officially announced in October when the last of the official CPI data from the ...
Image source: Getty Images. 1. A new COLA will (slightly) increase your checks. The COLA for 2025 will be 2.5%, which is the lowest adjustment since 2021.
The Social Security Administration (SSA) recently announced that beneficiaries will get a 2.5% cost-of-living adjustment (COLA) in 2025. The new adjustment will boost the average retirement check ...
Social Security recipients will see a 2.5 percent bump as part of their cost-of-living adjustment (COLA) for 2025. The increase announced on Thursday marks the smallest in years and is in line ...
The cost-of-living adjustment was merely 1.3% in 2021 — making it one of the lowest increases on record since 1975 when Social Security started automatic annual cost-of-living allowances. It was ...