For instance, let's hypothetically say the collective price for a large basket of goods and services regularly purchased by ...

By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living ...

The huge increase means the maximum money that can be claimed through Social Security is the highest in years. The maximum that can be claimed has risen to $49,497 a year, or $4,124 a month.

The Senior Citizens League (TSCL), a nonpartisan senior group, recently released their monthly COLA estimate, predicting that ...

But based on recent data, it's clear that 2025's Social Security COLA is already failing to keep up with inflation. If things ...

The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still ...

The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from ...

The 8.7% Social Security cost-of-living adjustment for 2023 is significantly larger than the 5.9% COLA in 2022 and just 1.3% COLA in 2021. Previous Social Security COLAs have ranged from zero in ...

That said, cost of living is far more affordable in some states than others. For example: Among the nine states that still tax Social Security benefits, West Virginia has an annual cost of living ...

Social Security's cost-of-living adjustment is the mechanism that ... But over the last four years, COLAs came in at 5.9% in 2022, a four-decade high of 8.7% in 2023, 3.2% in 2024, and 2.5% ...