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The smallest COLA adjustment in four years. A mid-2% COLA may come as a surprise for many Social Security recipients after getting payout increases of 5.9% in 2022, 8.7% in 2023, and 3.2% last ...
Across the 10 states where retired-worker benefits will increase most substantially, the median raise would range from $50.60 per month to $54.60 per month if the COLA indeed lands at 2.6% ...
Initial estimates are calling for a 2.5% Social Security COLA in 2025. That would make 2025's raise the smallest COLA to arrive in years and could put a lot of seniors in a tough financial spot ...
And the most recent projection puts 2025's raise at 2.5%. That's not the best news. Not only is a 2.5% raise pretty mild to begin with, but it's also the smallest COLA to arrive since 2021. In ...
Because of this, 2025's actual Social Security COLA could end up coming in higher or lower than 2.57%. And it's too soon to get too hung up on that number. Only once the Social Security ...
In 2022, Social Security benefits got a 5.9% COLA, which was only a modest raise compared to the 8.7% COLA that arrived in 2023. As it is, this year's Social Security COLA was a bit of a blow to ...
In July, the nonpartisan Senior Citizens League projected that 2025's Social Security COLA would amount to 2.63%. But in light of July's inflation reading, the group has since revised its ...
2. You still have an opportunity to make the most of this year's COLA. As we just discussed, the reason 2025's Social Security COLA estimate is coming in at 2.5% is due to slowing inflation. But ...