As such, don't despair if 2025's Social Security COLA ends up coming in lower than 2024's, and if it ends up being worlds away from the 8.7% raise that came through in 2023.

That would make the 2024 COLA the smallest in three years, following this year's 8.7% hike and 2022's increase of 5.9%. Inflation has been declining but still remains higher than 3.1%, ...

Between 2010 and 2020, average annual COLAs increased by just 1.7 percent, while COLAs have only risen above 8.7 percent three times — between 1979 and 1981 at 9.9 percent, 14.3 percent and 11.2 ...

The finalized cost-of-living adjustment figure is 8.7%. That is the largest COLA since 1981. Here's what you need to know. Social Security benefit amounts for 2023 will be finalized in December.

The finalized cost-of-living adjustment figure is 8.7%. That is the largest COLA since 1981. Here's what you need to know. Social Security benefit amounts for 2023 will be finalized in December.

Most Americans cheer cooling inflation, but Social Security recipients worry COLA for 2024 could end up less than a third of 2023's 8.7% increase.

The roughly 70 million people – retirees, disabled people and others – who rely on Social Security could receive an 8.7% cost-of-living adjustment, or COLA, next year, according to an estimate ...

A 2.7% adjustment would be much lower than the 8.7% COLA that retirees received this year. But that estimate might still be too high. The Social Security Administration (SSA) doesn't use only one ...

But in the context of more recent years, that 8.7% COLA definitely stands out. In 2022, Social Security recipients saw their payments rise by 5.9%. But the year before that -- 2021 -- they only ...