I'm Not Counting on Social Security COLAs to Carry Me Through Retirement. Here's What I'm Doing to Combat Inflation Instead
There's a reason Social Security benefits are eligible for an automatic cost-of-living adjustment, or COLA, each year.
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History of Social Security COLA Increases by Year
Social Security COLAs adjust benefits to match inflation, impacting all recipients since 1975. 2024 saw a 3.2% COLA increase; beneficiaries will get a lower 2.5% COLA in 2025 due to reduced inflation.
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6 Things All Retirees Need to Know About Social Security COLAs
The program implements regular cost-of living-adjustments (COLAs), that's how. To its credit, at least the Social Security Administration isn't making an arbitrary judgment call regarding how much ...
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RI retirees launch letter, email blitz demanding restoration of their COLAs
They want their "COLAs" back, translated ... letter offered as a sample on the retirees' 4,000-plus member Facebook group page. "The State of Rhode Island has ignored its obligation to fulfill ...