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We're only a few weeks away from finally learning what the 2025 Social Security cost-of-living adjustment ... your new payment amount for 2025. ... 2025, is a federal holiday, these checks will go ...
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 ...
As you can see above, COLAs have cooled off since the elevated inflation of the late 1970s and early 1980s, meaning the 2.5% increase for 2025 is more or less in line with historical norms ...
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 ...
But based on what we know so far, it's looking like 2025's Social Security COLA will end up somewhere around 2.5%. That's the working estimate based on inflation readings from July and August.
Another adjustment that takes effect in 2025 involves Social Security payroll taxes. Beginning on Jan. 1, the maximum amount of earnings subject to the Social Security tax is scheduled to increase ...
With the understanding that COLA forecasts are still fluid, let's take a closer look at exactly how much a 2.7% cost-of-living adjustment would increase Social Security checks in 2025.