Retirees collecting Social Security receive an annual cost-of-living adjustment, or COLA, to help them keep up with rising prices. The Social Security Administration calculates the COLA based on inflation data,

The latest projections from The Senior Citizens League (TSCL) indicate that the 2025 Social Security COLA will probably be around 2.5%. This rate reflects cooling inflation. It's much lower than COLAs in recent years. In 2024, seniors got a 3.2% COLA, and in 2022 and 2023, COLAs were 5.9% and 8.7%, respectively.

The Social Security Administration will announce the 2025 cost-of-living adjustment (COLA) on Oct. 10, 2024. Until then, you can only make your best guess as to what it's going to be. The existing data suggests the COLA will be lower than what program recipients have seen in recent years.

Social Security's smallest cost-of-living adjustment (COLA) since 2021 is liable to leave retirees wanting more.

Because Social Security benefits are for life, they should be able to keep up with inflation over the decades. While the COLA may sound simple and straightforward, the program is facing some issues that could affect your retirement in 2025 and beyond.

Social Security plays a vital role in the lives of millions of Americans. Each year, retirees eagerly await the announcement of the cost-of-living adjustment (COLA) to their benefits. The COLA helps ensure that Social Security payments keep pace with inflation.

That said, you don't necessarily have to wait until October 10 to find out everything you need to know about 2025's Social Security COLA. Here's some information that's already av

As we approach the end of 2024, the Social Security Administration (SSA) is set to conclude its Cost of Living Adjustment (COLA) payments for the year.