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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 ...
Still, there are estimates out there from reputable groups in the context of next year's COLA. Recently, the nonpartisan Senior Citizens League projected a 2.6% Social Security COLA for 2025.
September 10, 2024 at 2:00 PM. Millions of retired workers, their spouses, and other Social Security recipients are concerned about the 2025 cost-of-living adjustment, or COLA. In this video ...
For context, the average retired worker collects around $1,900 per month, as of June 2024. If the 2025 COLA does land at around 2.6% as is currently projected, that would only amount to around $49 ...
Next year's COLA is shaping up to be much lower. Based on the most recent inflation data available, the nonpartisan Senior Citizens League projects that 2025's Social Security COLA will be 2.63% ...
Based on July's 2.9% CPI-W reading, the nonpartisan Senior Citizens League updated its 2025 Social Security COLA projection to 2.57%. Compared to the 3.2% COLA Social Security recipients got at ...
The latest estimate of Social Security's cost-of-living adjustment (COLA) for 2025 slipped to 2.7% after the government said inflation cooled more than expected in June, new calculations showed ...
The lowest COLA in that timeframe was in 2016 at 0.0%, and the highest was in 2023, when COLA was a whopping 8.7%. The Social Security 2024 COLA increase was a lower 3.2%. Source: Social Security ...
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