Posted on Aug 17, 2024
Social Security COLA 2025: How Much Will Payments Increase Next Year?
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https://www.aarp.org/retirement/social-security/info-2024/cola-estimate-2025.html?cmp=EMC-DSM-NLC-OTH-WBLTR- [login to see] [login to see] -NA-08172024-Webletter-MS1-SAPLASOCSEC-NA-CLKBT-SocialSecurity&encparam=zHSMt740MGAHK3HfxV1gC9yu3XplakhyK8zCHL6Edt8%3d
A COLA that matches the 2.9 percent July figure would increase the average Social Security retirement benefit — about $1,870 a month in June 2024 — by $54 a month starting in January 2025. The average monthly survivor benefit ($1,508 in June) would go up by $44, and the average Social Security Disability Insurance (SSDI payment ($1,538 in June) would tick up by $45.
A COLA that matches the 2.9 percent July figure would increase the average Social Security retirement benefit — about $1,870 a month in June 2024 — by $54 a month starting in January 2025. The average monthly survivor benefit ($1,508 in June) would go up by $44, and the average Social Security Disability Insurance (SSDI payment ($1,538 in June) would tick up by $45.
Social Security COLA 2025: How Much Will Payments Increase Next Year?
Posted from aarp.org
COLA (Cost of Living)
Money
Edited 1 mo ago
Posted 1 mo ago
Responses: 1
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SMSgt Lawrence McCarter
Pretty disgusting that people that illegally snuck into the country can get more money out of the Government as free handouts when You pent most of Your life as a US citizen to earn an income from Social Security. They get the handouts and YOU get to pay for it despite the fact they are neither citizens and violated the law to get here !
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