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SSI recipients receive an additional check in November and none in December

The Social Security Administration announces cost of living increases for 2025 The Social Security Administration just announced how much more recipients will receive in 2025 after cost-of-living adjustments. Scripps news Some Social Security recipients may receive a surprise in November: an extra check. Don't worry about this if you're receiving Social Security, the situation isn't […]

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 […]

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 […]

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 […]