With the announcement of the 2025 Cost-of-Living Adjustment, next year's COLA will officially do something seniors of this generation have never seen. When Social Security retirees receive their ...

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Social Security uses CPI-W data from the third quarter to calculate the COLA for the upcoming year. The Senior Citizens League estimates that retirees have lost 20% of their purchasing power since ...

Newsweek spoke with experts about what to expect and why. Social Security benefits change each year in line with the COLA, which reflects the inflation of the previous year so that seniors retain ...

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The cost-of-living adjustment, or COLA, for retirees translates to an average increase of more than $50 for retirees every ...

This is the smallest rise since 2021. While the COLA is small, some recipients will get two checks in November due to how check distribution falls during the month, but there's a catch to that too.

Each year, Social Security benefits are eligible for a cost-of-living adjustment, or COLA. COLAs are supposed to help recipients keep up with inflation so they don't fall behind as living costs ...

The new COLA increase will affect nearly 68 million Social Security beneficiaries and 7.5 million people collecting Supplemental Security Income. “Social Security benefits and SSI payments will ...

The Social Security Administration has announced a 2.5% cost-of-living adjustment (COLA) to benefit checks starting in 2025. That's down from the 3.2% increase in 2024 and the smallest COLA ...

That makes next year’s COLA the lowest since 2021, when it was 1.3%. The COLA has averaged 2.6% over the last 20 years, according to the Senior Citizens League, a nonpartisan advocacy group ...

In fact, next year's 2.5% bump is higher than the 2010's average COLA of 1.4%, and is similar to the average since 1983 (after the soaring inflation of the preceding decade). The high inflation ...