Following the July inflation report, the nonpartisan senior advocacy group The Senior Citizens League (TSCL) was forecasting ...
The actual cost-of-living adjustment for 2025 for Social Security benefits will be announced in mid-October. Early estimates ...
Since 1975, Social Security benefits have been adjusted annually based on how inflation changes in the third quarter of each ...
The COLA has been up and down over the last few years as it was 3.2% in 2023, 8.7% in 2022, 5.9% in 2021 and 1.3% in 2020.
Below are the latest expert predictions for what the 2025 COLA could be as of September 2024. For more, don't miss how to ...
Social Security COLA estimate has decreased to 2.5% from an August estimate of 2.57%. Discover how the Social Security COLA ...
Soaring inflation might lead to larger Social Security COLAs. But it also leads to higher prices for consumers, including ...
The Social Security Administration will only withhold taxes from your monthly checks if you ask it to, and then only in ...
Not even a history-making cost-of-living adjustment (COLA) can save retirees from a financial double whammy next year.
According to new data from the U.S. Bureau of Labor Statistics, inflation continues to fall. The August 2024 Consumer Price Index report shows a 2.5% increase in average prices over the last 12 ...
In 2024, Social Security recipients received a 3.2% adjustment. The average retired worker benefit lands at roughly $1,900 ...
A decline in the inflation rate is likely to bring down the cost-of-living adjustment to Social Security benefits.