This year's COLA is smaller than in recent years, but that's not necessarily a bad thing. Many retirees look forward to SocialSecurity's annual cost-of-living adjustment (COLA), which for ...
Up Next: SocialSecurity Announced a COLA Increase for 2025 — 5 Things Retirees Should Be Aware Of Dec. 31, 2024 This is the date when the 2025 COLA will be reflected in payments to the nearly ...
However, another forecast sees the COLA shrinking as low as 0.06% - the lowest level in a decade, according to independent SocialSecurity and Medicare analyst Mary Johnson. That would mark the ...
SocialSecurity benefits are eligible for an automatic cost-of-living adjustment (COLA) each year so that seniors are able to maintain their buying power as inflation drives living costs upward.
The SocialSecurity cost-of-living adjustment, or COLA, for 2025 is a 2.5% increase. That means the monthly benefits checks for more than 72.5 million Americans will see their lowest annual bump ...