Social Security benefits will arguably lose buying power next year because the 2.5% COLA understates inflation.
In 2022 and 2023, many seniors on Social Security struggled to keep up with surging bills. In 2025, costs are expected to ...
But when we look back at the data, it becomes clear that a 2.5% Social Security COLA isn't so terrible. In fact, it's a lot ...
That is also higher than the COLA for 2022, which was already high at 5.9%. According to Social Security, benefits will increase on average by more than $140 per month starting with payments being ...
The most direct and obvious effect of the new COLA is the increase in monthly benefits. If your monthly Social Security ...
While the recently unveiled 2025 COLA, on paper, gave beneficiaries something to smile about, the 2026 COLA may be on track to make dubious history. The purpose of Social ... 5.9% in 2022, 8.7 ...
Social Security's COLA is effectively the "raise" passed along ... Following COLAs of 5.9% in 2022, 8.7% in 2023, and 3.2% in 2024, a raise of at least 2.6% would have marked the first time ...