2025 Cola August Forecast Projection – Forecasts for social security's 2025 cola point to a modest increase in the upcoming year. In july, the 2025 cola forecast was 2.7%. The 2025 cola prediction is about 2.57%, down from 2.63% last month, says alex moore, the senior citizens league's (tscl) statistician […] As indicated by the august inflation data, it now seems likely the 2025 cola will be a little less than the 2.57% estimate.
The projected cola for 2025 is 2.57%. The projection is based on the july cpi numbers, which is the first of three sets of numbers the ssa will use to determine the 2025 cola. A cola that is higher than the pay raise is not unusual. The average monthly survivor benefit ($1,509 in august) would go up by a little less than $38, and the average social security disability insurance (ssdi) payment ($1,540 in august.
2025 Cola August Forecast Projection
2025 Cola August Forecast Projection
If cola is 2.6% for 2025, that would be considered the average amount that colas have been over the past two decades and the lowest since 2021, said. A 2.5 percent cola would increase the average benefit for a retired worker — about $1,920 a month in august 2024 — by $48 a month starting in january 2025. The cola will likely be slightly higher than the pay raise for current federal employees in 2025.
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