There are still 3 weeks until the 2025 Social Security COLA is announced, but this is what we know so far
If you’re a retiree and rely on Social Security for a large portion of your retirement income, you may want to know how much your benefits will increase in 2025. Unfortunately, the Social Security Administration (SSA) isn’t ready to announce…
Social Security’s cost-of-living adjustment (COLA) forecast for 2025 was just updated. The bad news may come as a surprise to retirees.
Welfare recipients receive an annual cost-of-living adjustment (COLA) to protect the purchasing power of benefits from inflation. But the Senior Citizens League (TSCL), one of the largest nonprofit senior advocacy groups in the U.S., estimates that the purchasing power of…
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What you need to know about the battle for control of Congress After months of primaries, the general election map is set. Now we are in the home stretch of the battle for control of Congress. Less than two weeks…
Social Security’s latest COLA update: How much more will beneficiaries get next year?
With just a month to go until the official figures are released, welfare recipients are set to see the smallest cost of living increase in three years. The most recent forecast from the nonpartisan Senior Citizens League projects the COLA…
Retirees in these 10 states will receive the smallest pay raises next year
Americans have ranked inflation as their biggest financial concern over the past three years, according to Gallup, so Social Security recipients are eager to hear details about the cost-of-living adjustment (COLA) that will be applied to their benefits in 2025….
There is good and less good news
If you’re one of those people who gets the majority of your retirement benefits from Social Security, you may be curious to see how big your raise will be in 2025. Unfortunately, you’ll have to wait a little while longer….
Social Security retirees expect the smallest pay increase in 4 years in 2025
The U.S. Bureau of Labor Statistics recently released inflation data for August. The numbers were roughly in line with expectations and continue to suggest that retirees can expect a smaller increase in their Social Security benefits in 2025 than in…
Social Security COLA declines slightly in updated forecast
Pensioners who were hoping for an increase in their social benefits could receive less than previously expected, an analyst predicted. Independent Social Security and Medicare policy analyst Mary Johnson predicts that the cost-of-living adjustment (COLA) for retirement and disability benefits…
Estimate of social security contributions for 2025 falls, more seniors affected by poverty
How much do I need for retirement? Here you can find out everything you need to know about saving. Ensuring a comfortable lifestyle after retirement can take years of preparation and saving. Here’s what you need to know. According to…
The cost-of-living adjustment of social security for 2025 could be 2.5%
Patchareeporn Sakoolchai | moment | Getty Images Due to record-high inflation, welfare recipients have faced greater cost-of-living adjustments in recent years. However, the increase next year is unlikely to be quite as generous. Based on new government inflation data, beneficiaries…
