Social Security COLA Update

Social Security COLA Update as New Prediction Announced
In legislative developments, Representative Thomas Massie, a Kentucky Republican, reintroduced a bill last week aimed at completely eliminating income taxes on Social Security benefits—a move first suggested in 2023 and inspired by a proposal from President Donald Trump while on the campaign trail.
A payment increase in Social Security benefits is prepared thanks to the COLA
As February unfolds, eligible American households are set to receive the final Social Security payments of the month. With a recent increase due to the COLA adjustment, beneficiaries can expect higher payments than in 2024.
Bad news for Social Security recipients in latest 2026 COLA projection
The actual cost-of-living-adjustment won't be announced until October, but early predictions say the increase will be a smaller percentage than the 2025 increase.
Social Security COLA could fall in 2026, forecasts say
Social Security’s cost-of-living adjustment may be slightly lower in 2026, even as inflation remains high. The nonpartisan Senior Citizens League expects the COLA to be 2.3% for 2026, based on a forecast that inflation will drop throughout the coming year.
COLA, Social Security benefit increases take effect
Starting in January, Social Security recipients saw a 2.5% increase in their monthly payments as the annual cost of living adjustment (COLA) took effect. Benefits for February were sent out Wednesday. Social Security payments are sent on the second, third and fourth Wednesday of the month, depending on the recipient's birth date.
Yahoo Finance18d
3 Social Security COLA Dates To Know for 2025
Up Next: Social Security Announced a COLA Increase for 2025 — 5 Things Retirees Should Be Aware Of Dec. 31, 2024 This is the date when the 2025 COLA will be reflected in payments to the nearly ...
Morningstar29d
Social Security's COLA is expected to drop in 2026 - but how low could it go?
However, another forecast sees the COLA shrinking as low as 0.06% - the lowest level in a decade, according to independent Social Security and Medicare analyst Mary Johnson. That would mark the ...
The Motley Fool5d
Social Security's 2026 Cost-of-Living Adjustment (COLA) Is on Pace to Make History... and Still Disappoint
No announcement is more anticipated by beneficiaries than Social Security's annual cost-of-living adjustment (COLA) reveal. The early projection is in, and Social Security's 2026 COLA can ...
Forbes28d
Social Security COLA Falls Short: 2.5% Increase Trails 2.9% Inflation
Natalie toggles between news stories and enterprise reporting to bring timely personal finance topics to readers. Her mission is to help inform people of all financial backgrounds about events ...
24/7 Wall St25d
Social Security's 2025 COLA Is Now a Reality. Here's How Much it Benefits the Average Senior
When you are on Social ... Security compared with the amount they received in 2024. The increase isn’t exactly this amount because the benefits formula actually goes back and applies your COLA ...
The Motley Fool19d
Here's Exactly How the 2025 Social Security COLA Affected Retirement Benefits
The Social Security Administration released the first actual data that reflects the new adjustment. Benefits increased by 2.5%, beginning with the December 2024 payment. The average retired worker ...
24/7 Wall St. on MSN8h
Think Social Security Gives You a Raise Every Year? Not So Fast
There are many people who sign up for Social Security in their 60s and end up collecting benefits for 20 years or more. And ...