Social Security, COLA
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.
2025 Social Security COLA Increase to Be Announced on This Day in October
The official Social Security COLA announcement for 2025 is coming very soon. We'll tell you when and how much you can expect in your checks next year.
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.
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.
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:
Social Security Checks of Up to $4,873 to Be Sent This Week
On Tuesday, October 1, the first round of payments will be made to those who receive Supplemental Security Income (SSI). SSI provides payments to adults and children with a disability or blindness, as well as adults aged 65 and older whose retirement income may fall short of providing enough money to get by.
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.
Social Security's 2025 COLA: The Big Wild Card Factor Everyone Should Know About
Recent estimates are calling for a 2.5% Social Security COLA in 2025. But that number could shift if inflation picks up or slows down before September comes to an end.
2025's Social Security COLA: Your Top 5 Questions, Answered
Social Security serves as a critical source of income for millions of retired seniors. And for those who rely on those benefits heavily to pay the bills, annual raises often spell the difference between being able to make ends meet and struggling financially.
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 ...
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Latest Social Security COLA 2025 Estimate Falls to 2.5%. Will It Be Enough to Keep Pace With Inflation?
Your Social Security benefits aren’t likely to cover all of your expenses in retirement, but a cost-of-living adjustment (COLA) can help offset some of the pain associated with inflation.