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COLA, Social Security
6 Things All Retirees Need to Know About Social Security COLAs
Tens of millions of Americans rely on Social Security benefits for a substantial portion of their retirement income. Not only is Social Security a valuable source of retirement income, with the average retired worker receiving about $1,975 per month, but it is also the only inflation-protected source of income many retirees have.
Social Security COLA to Shrink Again in 2026, Adding to Retiree Financial Strain
Social Security recipients may see a 2.1% increase in 2026, the smallest COLA since 2021.
Social Security COLA prediction: Bad news for retirees in 2026?
The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau of Labor Statistics’ CPI-W, the index used to calculate the annual increase. December’s CPI-W came in at 2.8%. Getty Images
Social Security Got a Shake-Up in 2025, and 3 Changes May Surprise Retirees
The Social Security program undergoes a series of revisions each year to ensure benefit payments keep pace with inflation and wages. The latest round of revisions took effect in January, and a recent survey published by Nationwide Retirement Institute suggests some of the changes will surprise many Americans.
Social Security early COLA predictions are in: Will it help or hurt beneficiaries?
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials such as groceries and medical bills. Will 2026's COLA increase help?
Social Security's 2025 Cost-of-Living Adjustment (COLA) Is Already Falling Short
Each year's Social Security COLA is based on the inflation data from the prior year's third quarter. So the 2.5% COLA seniors got this month was calculated based on inflation from July through September of 2024. The Social Security Administration made its official 2025 COLA announcement in October.
3 Social Security Changes Retirees Need to Know About in 2025
Without Social Security, millions of Americans would be living below the poverty line. With it, many don't -- even though the average monthly retirement benefit of $1,975 (as of December) is not all that huge.
Two moves retirees may make now to boost their 2025 Social Security benefit checks
A 2.5% Social Security cost-of-living adjustment is the lowest increase to benefits since 2021. To increase those checks, retirees may consider two money moves.
4 most worrisome things for retirees on Social Security as COLA disappoints — and how to prepare for what’s ahead
For retirees, healthcare expenses are unavoidable and increasingly unaffordable. Fidelity Research says a 65-year-old retiring in 2024 can expect to spend an average of $165,000 on healthcare and medical expenses throughout retirement — a 5% jump over the previous year and more than double 2002’s estimate.
Retirement Challenges in 2025: Market Volatility, Inflation and Social Security
Inflation, uncertain markets and a limited Social Security COLA are among the financial hurdles for retirees in 2025.
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Trump’s federal worker buyout could impact Social Security benefits for millions, senator says
On Tuesday, the Trump administration sent a memo to millions of federal workers offering a “deferred resignation,” which ...
10d
on MSN
Social Security Payment This Week: Up to $967 To Be Sent Out
Social Security benefits form the bedrock of income for millions of Americans—and those who claim Supplemental Security ...
CNET on MSN
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Social Security and SSDI Essential Cheat Sheet: What to Know About Social Security
When will I get my Social Security check? When you receive your monthly Social Security check depends on which specific ...
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