Browsing Tag
Cost-of-Living-Adjustment (COLA)
107 posts
The cost-of-living adjustments (COLAs) for Social Security are a key feature designed to help benefits keep pace with inflation. See below for the link to 401(k) Specialists COLA page for a comprehensive history and explanation of how they came to be and how they work.
Social Security Cost of Living Adjustment (COLA)
Medicare Premiums Growing Twice as Fast as Social Security COLA
As CMS announces 2025 Medicare premiums and deductibles, new analysis finds Medicare Part B costs growing at more than double the rate of the Social Security cost-of-living adjustments
November 12, 2024
It’s Official: 2025 Social Security COLA Set at 2.5%
Retirement benefits will increase by nearly $50 per month beginning in 2025
October 10, 2024
2025 Social Security COLA Falls Once Again
Both analyses from The Senior Citizens League and retired analyst Mary Johnson predict a 2.5% cost of living adjustment
September 11, 2024
Social Security Trust Funds will be Exhausted by FY 2034: CBO
Newly updated report finds funds may last an additional year, but still tracking toward a 23% benefit cut absent Congressional action
August 30, 2024
2025 Social Security COLA Prediction Keeps Falling
As inflation moderates, expectations around a 2.6% cost of living adjustment are coming into focus
August 14, 2024
Action Needed Now on Social Security Reform: GAO
New report explores various options policymakers could employ to shore up program’s troubled finances
August 9, 2024
Social Security Buying Power Down 20% Since 2010
The Senior Citizens League finds seniors would need an additional $370 per month to keep up with inflation
August 5, 2024
2 Ways a Harris Presidency Could Impact Social Security
If the newly anointed Democratic candidate Kamala Harris were to defeat former President Donald Trump in November, a push for these two changes seem the most likely—and potentially impactful
July 23, 2024
Updated 2025 Social Security COLA Forecasts Point Toward Lower Raise
Two forecasts updated today based on new CPI data both remain significantly lower than this year’s 3.2% increase
July 11, 2024
2025 401(k) Contribution Limit Forecast: $1,000 Increase on Tap?
Milliman’s latest update shows elective deferral limit expected to increase to $24,000
June 18, 2024