What the cost-of-living adjustment increase in Social Security means
A 2.5% cost-of-living adjustment increase will mean an extra $50 a month for most Social Security and SSI recipients.
2 Social Security Cost-of-Living Adjustment (COLA) Changes Retirees Really Want to See
The 2025 Social Security cost-of-living adjustment (COLA) came in at just 2.5%. That's well under the 3.2% retirees got last year and far less than what many were hoping for. The high inflation over the last few years has made it difficult for retirees to afford their basic expenses,
I'm not counting on Social Security COLAs to carry me through retirement. Here's my plan.
With that as the backdrop, although I'm not retired yet, those days are on my radar. Here's what I'm planning to do, based on what I'm seeing now. Feel free to borrow my inflation-beating retirement strategies for yourself.
2 Big Social Security Changes Are Coming in 2025. Here's What to Expect.
Social Security has been around for nearly nine decades, but the program has had a major overhaul since then. And now its gearing up for some big changes in 2025 that could affect millions of people.
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
Social Security's annual cost-of-living adjustments (COLAs) are calculated based on how inflation changes in the third quarter, the three-month period from July through September. In this scenario, inflation is measured using a subset of the Consumer Price Index (CPI) known as the CPI-W.
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