The latest projections from The Senior Citizens League (TSCL) put the 2025 Social Security COLA around 2.5%. This would add approximately $122 per month to the checks of those currently earning the maximum benefit, bringing them to $4,995 per month. That's another $1,464 per year.

Social Security benefits will be adjusted for inflation in 2025. Find out by how much and when you'll see the increase in your check.

Retirees who rely on social security payments ought to mark down an important date on their calendars this year - October 10. That's the day the social security administration (SSA) is expected to announce its annual cost of living adjustment (COLA) for 2025.

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,

Social Security plays a vital role in the lives of millions of Americans. Each year, retirees eagerly await the announcement of the cost-of-living adjustment (COLA) to their benefits. The COLA helps ensure that Social Security payments keep pace with inflation.

The U.S. Federal Reserve's larger-than-anticipated interest rate cut of half a percentage point lowered the benchmark federal funds rate to a range of 4.75%-5% in mid-September. This move rightly sparked optimism among market participants,

The Social Security Administration will announce the 2025 cost-of-living adjustment (COLA) on Oct. 10, 2024. Until then, you can only make your best guess as to what it's going to be. The existing data suggests the COLA will be lower than what program recipients have seen in recent years.