Latest News
Good News/Bad News on 2025 COLA Front
The number is watched, predicted, and important to millions of Americans. It’s the cost of living adjustment (COLA) that Social Security recipients will get in January 2025. What will it be? As Maurie Backman notes, it won’t be known until the official October announcement, once third quarter inflation data are in. The 2025 projection has dropped further from 2.66% to 2.57%. But that’s also good news, as a smaller COLA means inflation is easing; seniors shouldn’t panic if the final number comes in even lower. Full piece here.
.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.