Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits ...

Most respondents, 71%, don’t think the formula to determine the COLA accurately reflects how retirees experience inflation.

The smaller COLAs in 2024 and 2025 reflect cooling inflation. Inflation in July, August, and September 2024 determined the COLA that Social Security and SSI beneficiaries will receive in 2025.

The Consumer Price Index (CPI-W) for Urban Wage Earners and Clerical Workers is the benchmark the SSA uses to determine the COLA, but that wasn’t always the case. How the COLA is calculated has ...

The following year's COLA isn't determined until October of the current year. Because the COLA is effectively meant to hedge inflation, the Social Security Administration (SSA) uses inflation data ...

The COLA is determined by the inflation observed in July, August, and September in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). These months are crucial for ...

Social Security beneficiaries may face taxes if they have additional income sources or due to the COLA increase. Here's how to determine if you're affected.

The result is used to determine the COLA for the following year. The 8.7% COLA increase in 2023 was the largest for Social Security benefits in more than 40 years. This reflected inflation hitting ...

Social Security’s cost-of-living adjustment is expected to shrink in 2026 and could be the lowest increase seen in a decade.

The Social Security COLA is determined by comparing the Consumer Price Index (CPI) from the third quarter of the current year with the third quarter of the previous year. In other words ...

The COLA is not a raise ... The current thresholds used to determine if you'll pay taxes on your benefits were set up back in the 1980s, and we've never adjusted them for inflation," Benton ...