Latest Predictions for 2025 Social Security COLA
Social Security COLA increase: How much more might recipients get in 2025?
Social Security recipients received a 3.2% COLA in 2024, a significant decrease from the 8.7% COLA in 2023, which was the largest increase in four decades. For 2025, using current inflation data from the Consumer Price Index, it’s estimated there will be a 2.5% COLA in 2025, according to The Senior Citizens League (TSCL).
Social Security’s COLA provides invaluable protection
The inflation data for August gives us a pretty good idea about the likely magnitude of Social Security’s cost-of-living adjustment (COLA) for 2025. This automatic indexing of benefits to keep up with rising prices — always a wonderful feature of our Social Security program — has been particularly valuable in light of the recent bout of inflation.
Social Security COLA could go up 2.5% in 2025, latest estimate shows
The actual cost-of-living adjustment for 2025 for Social Security benefits will be announced in mid-October. Early estimates show an average boost.
Latest Predictions for the 2025 Social Security COLA: Here's How Much It Could Be
Below are the latest expert predictions for what the 2025 COLA could be as of September 2024. For more, don't miss how to apply for Supplemental Security Income and how to estimate how much in Social Security benefits you could receive .
Social Security COLA trending toward lowest increase since 2021
The COLA has been up and down over the last few years as it was 3.2% in 2023, 8.7% in 2022, 5.9% in 2021 and 1.3% in 2020. The Social Security Administration is expected to announce the official COLA for 2025 in mid-October.
Opinion
Opinion: Social Security’s COLA provides invaluable protection
The inflation data for August gives us a pretty good idea about the likely magnitude of Social Security’s cost-of-living adjustment (COLA) for 2025. This automatic indexing of benefits to keep up with rising prices — always a wonderful feature of our Social Security program — has been particularly valuable in light of the recent bout of inflation.
Say Goodbye to Your Historic Social Security Cost-of-Living Adjustment (COLA) in 2025
Following the July inflation report, the nonpartisan senior advocacy group The Senior Citizens League (TSCL) was forecasting a 2.57% COLA for 2025 (which would round up to 2.6%). Likewise, independent Social Security and Medicare policy analyst Mary Johnson, who recently retired from TSCL, had estimated a 2.6% COLA for next year.
Estimated Social Security COLA increase for 2025 keeps dropping
The next cost-of-living increase for Social Security recipients — which was already projected to be the lowest in years — is continuing to fall even lower, according to the latest figures from the Labor Department.
Social Security COLA projected to be 2.5% for 2025, smallest since 2021
Social Security's annual cost-of-living adjustment (COLA) for 2025 is projected to be 2.5%, which would be the smallest benefit boost since 2021 as the pace of inflation slows.
Prediction: 2025's Social Security COLA Won't Be Terrible News After All
Social Security COLAs are tied directly to inflation. Therefore, when one goes down, it indicates that the other is down, too. In other words, a smaller 2025 COLA means inflation has been cooling. If that trend continues, seniors on Social Security could gain buying power in the form of lower prices in stores and in general.
2025 Social Security COLA estimate dips with inflation but more seniors face poverty
COLA estimate fell with inflation, but seniors are struggling. More seniors fell into poverty again last year, data show.
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Thousands of former Louisiana public workers could gain from U.S. House vote on Social Security
HR 82 would eliminate the Windfall Elimination Provision, called WEP, and the Government Pension Offset, or GPO, sections of ...