Social Security Just Announced the 2025 COLA. Here's How It Compares to Recent Years
Social Security averages the CPI-W data for July, August, and September and compares it to the previous year's number. If the number is higher than the previous year's, the increase becomes the COLA. If the number is lower than the previous year's, Social Security doesn't reduce monthly benefits -- they remain the same.
The annual Social Security COLA is based on the third-quarter change in the CPI-W, or Consumer Price Index for Urban Wage ...
Social Security's 2025 cost-of-living adjustment (COLA) didn't come as a surprise to many who have been keeping an eye on the ...
With inflation figures falling, retirees can expect a 2.5% increase in 2025. Here's how planners are guiding clients through ...
The third round of SSI payments for October 2024 are on the way. Here's when to expect yours.
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