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The current Social Security COLA projection for 2025 is 2.57%, according to the Senior Citizens League. TSCL updated its 2025 COLA prediction based on July's CPI-W data, which came in at 2.9% ...
Seniors, the time has come to steel yourselves for a modest increase in your Social Security check next year. The annual COLA, or cost-of-living adjustment, is likely to be 2.6%, less than the ...
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 ...
For instance, assuming the 2025 COLA is 2.6%, the median retired worker in New Jersey can expect an additional $54.60 in monthly benefits next year (i.e., $2,100 multiplied by 2.6%).
In 2023, retirees received a Social Security increase of 8.7%. It was the largest annual cost-of-living adjustment (COLA) in four decades. The Social Security benefit increase fell sharply in 2024 ...
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% ...
But let's get back to the CPI-W. Based on initial inflation data, the current 2025 Social Security COLA estimate is 2.63%. That's below the 3.2% boost retirees got at the start of 2024. However, a ...
As a result, Social Security beneficiaries can expect a significant cost-of-living adjustment, or COLA, to increase their benefits in 2025. However, there's more to the story. In this video, I'll ...