Social Security benefits will arguably lose buying power next year because the 2.5% COLA understates inflation.

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Social Security recipients are paid according to their birth date, except from those who have been claiming Social Security since before May 1997 or who collect Supplemental Security Income. Both of ...

Social Security checks worth up to $4,873 will be paid out later this week.

Beneficiaries will also see a modest bump in checks come January 2025 to account for cost-of-living adjustments.

A look at Social Security's latest on cost of living increases and why some will get an extra check or two in November.

The 2025 adjustment shrank to 2.5% from 2024’s 3.2% increase, the Social Security Administration said on Oct. 10. This is the smallest rise since 2021. While the COLA is small, some recipients ...

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The Social Security COLA for 2025 will be 2.5%, which is the smallest since 2021. That means Social Security retirement benefits will, on average, increase by roughly $50 per month starting in ...

Social Security has consistently operated at a loss since 2021 because the cost of paying benefits is increasing more quickly than program revenue. The Social Security Board of Trustees estimate ...

That's down from the 3.2% increase in 2024 and the smallest COLA since 2021, reflecting cooling inflation. Almost 68 million Americans receive monthly Social Security benefits, totaling about $1.5 ...