Ask Terry Questions Social Security Website COLA

Social Security Website COLA

By Terry Savage on September 13, 2024 | Wild Card

Hello Terry

When does the Social Security website get updated with projected monthly payments? Currently, it only goes through 2023 and does “not” include the 3.2% COLA increase.

Terry Says

Teh 2025 COLA will be announced in October, after the CPI for the first 9 months of the year is calculated. Right now, it looks like the COLA will be around 2.5%.

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