Based on the just released CPI-W for May 2024, the projected 2025 COLA will be 2.3% Bureau of Labor Statistics
Tag: Social Security COLA
Where does Social Security get its funding
It’s actually quite simple. There are three main sources. Two are direct taxes paid by citizens and the third indirectly – interest paid to the
Social Security 2025 COLA update
The COLA is determined each year by comparing the change in the average CPI-W for the third quarter of the previous year with the current
Where are we headed for a 2025 Social Security COLA?
Inflation rate is down from the third quarter of 2023 and that’s what counts for the 2025 COLA. This assumes inflation does not increase from
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