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  • Wed. Oct 23rd, 2024
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    Tag: COLA

    The 2025 Social Security Cost of Living Adjustment (COLA) is almost official and could bring a surprising benefit to many retirees
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    The 2025 Social Security Cost of Living Adjustment (COLA) is almost official and could bring a surprising benefit to many retirees

    The Social Security Administration will announce the 2025 Social Security Cost of Living Adjustment (COLA) on October 10, and it could disappoint many retirees. Over the past three years, seniors have become accustomed to outsized raises. The COLAs for 2022, 2023 and 2024 were 5.9%, 8.7% and 3.2%, respectively. As things stand today, pensioners should […]

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    Here's how much Social Security's estimated cost of living adjustment (COLA) could boost the average spousal benefit in 2025
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    Here's how much Social Security's estimated cost of living adjustment (COLA) could boost the average spousal benefit in 2025

    We are about a week away from the announcement of the 2025 Social Security Cost of Living Adjustment (COLA). All benefit recipients will soon be able to estimate how much their checks will increase next year, with the new benefit amounts taking effect in January. Of course, the main question is how much more retirees […]

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    Social Security's cost of living adjustment (COLA) projections for 2025 agree – here's how much the average check is expected to rise next year
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    Social Security's cost of living adjustment (COLA) projections for 2025 agree – here's how much the average check is expected to rise next year

    No event is more anticipated by the more than 68 million Social Security beneficiaries than the annual release of the cost of living adjustment (COLA). That's because most retirees need their monthly Social Security check in some capacity to cover their expenses. For more than two decades, Gallup has conducted annual surveys to measure retirees' […]

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    We have 5 of the 6 pieces of data we need to calculate Social Security's cost-of-living adjustment (COLA) for 2025. Here's what they tell us.
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    We have 5 of the 6 pieces of data we need to calculate Social Security's cost-of-living adjustment (COLA) for 2025. Here's what they tell us.

    The Social Security Administration will officially announce the cost-of-living adjustment (COLA) for 2025 on October 10, 2024. That may seem like an arbitrary date, but it isn't. That's the day the government releases the September Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) numbers. This is the last piece of information we […]

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