When Will Social Security Announce the 2025 Cost-of-Living Adjustment (COLA)?
Sunday, 22 September 2024, 00:44
Upcoming Announcement of Social Security's 2025 COLA
The Social Security Administration (SSA) is set to disclose the much-awaited 2025 Cost-of-Living Adjustment (COLA) date soon. Beneficiaries should prepare for implications as inflationary pressures in recent years give rise to uncertainty.
Understanding COLA Impacts on Beneficiaries
- 68 million Americans rely on Social Security benefits.
- Disappointment may be on the horizon due to limited increases.
Important Dates to Mark
- Announcement Timing: Typically published in October.
- Adjustment Details: Factors include living costs and economic trends.
Stay tuned for updates as we track the SSA's announcement closely.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.