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,

Almost every essential good has risen across the board in recent years, and that has many seniors concerned. Indeed, if the annual cost of living adjustments (COLA) put forward by the SSA can’t or don’t match the real rising costs seniors face,

The Social Security Administration is less than two weeks away from announcing its cost of living adjustment (COLA), the annual bump in recipients' payments to help them deal with inflation.

We're less than two weeks away from the 2025 Social Security cost-of-living adjustment (COLA) announcement. The government will have the last piece of data it needs to do the calculation on Oct. 10, 2024.

The Social Security Administration is expected to announce the COLA for 2025 later this month, and that adjustment will take effect in January of next year.

The annual cost of living adjustment (COLA) by the Social Security Administration (SSA) to Social Security payments for 2025 is expected to be 2.5%, the smallest COLA increase in the past three years.

If you're among the millions of Americans who rely on Social Security to make ends meet, then you may be eager to find out what your 2025 cost-of-living adjustment (COLA) will amount to. At the start of 2024, Social Security recipients saw their benefits rise by 3.2%. And you may be wondering if you can expect a similar boost in the new year.

Those receiving Supplemental Security Income (SSI) will see a bump to these checks even sooner. These benefits are usually paid on the first of the month, but since Jan. 1, 2025, is a federal holiday, these checks will go out on Dec. 31, 2024.