When Will the 2025 Social Security COLA Increase Be Announced?
The cost-of-living adjustment (COLA) for 2025 Social Security benefits will be announced in October 2024. The COLA is an annual adjustment to Social Security benefits that is intended to keep pace with inflation. The COLA is calculated based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which measures the change in prices for… Read More »