Social Security, the COLA
If Your Social Security Check Is Higher Than This, Expect an Above-Average 2025 Cost-of-Living Adjustment (COLA)
The Social Security Administration will announce the 2025 cost-of-living adjustment (COLA) on Oct. 10, 2024. Until then, you can only make your best guess as to what it's going to be. The existing data suggests the COLA will be lower than what program recipients have seen in recent years.
Social Security COLA raise: How much will recipients get in 2025?
The Social Security Administration is less than two weeks away from announcing its cost of living adjustment (COLA), the annual bump in recipients' payments to help them deal with inflation.
Mark your calendars: 3 Social Security COLA dates to know for 2025
Technically, the Social Security Administration will apply the 2025 COLA to your December 2024 payment. But since you receive Social Security checks in the month after the month they're due, you won't get your first payment with the COLA until January 2025. The exact date depends on the day of the month you were born, as follows:
The 2025 Social Security COLA Will Be Announced in October. Here's What That Means for Retirees.
The Social Security Administration (SSA) will announce the 2025 COLA on Oct. 10, 2024. That's the day the Bureau of Labor Statistics releases its inflation data for September. The CPI-W for September is the only missing piece of information needed for SSA to calculate next year's adjustment.
When Will the Social Security 2025 COLA Be Announced?
The Social Security Administration will announce the official 2025 COLA, the earnings-test limit for 2025 and the wage cap for Social Security taxes on the same day.
Social Security COLA could go up 2.5% in 2025, latest estimate shows
The actual cost-of-living adjustment for 2025 for Social Security benefits will be announced in mid-October. Early estimates show an average boost.
2025's Social Security COLA: Your Top 5 Questions, Answered
However, that number could wiggle upward or downward, depending on how an official inflation reading for September shakes out. Either way, though, you should expect 2025's Social Security COLA to be lower than the 3.2% raise that came through at the start of 2024.
Social Security 2025: We Know the COLA Number, But Here Is the Real Increase Next Year
The annual cost of living adjustment (COLA) by the Social Security Administration (SSA) to Social Security payments for 2025 is expected to be 2.5%, the smallest COLA increase in the past three years.
Social Security's 2025 COLA May Do Something It Hasn't Done Since 2021 -- and It's Not Good News
According to one metric, Social Security benefits are on pace to lose buying power in 2025 for the second consecutive year.
Social Security to announce COLA in October. How Ohio seniors could benefit from increase
Seniors will soon know if they're getting a raise next year. Social Security is expect to announced its cost-of-living adjustment in October.
Social Security 2025: Where Will COLA Bring Social Security Payments Next Year?
For retirees, the annual cost of living adjustment (COLA) to social security payments is a very hot topic, and one that certainly is worth paying attention to. Every year, the Social Security Administration (SSA) suggests an inflation-linked increase to social security for seniors.
Here's How the Estimated 2025 Social Security Cost-of-Living Adjustment (COLA) Could Compare to the Last 20 Years
We're less than two weeks away from the 2025 Social Security cost-of-living adjustment (COLA) announcement. The government ...
This Week in Medicare & Social Security - Sept. 23 - 27, 2024
In case you missed it, here's what Retirement Daily published on Medicare and Social Security this week, and more.