WASHINGTON (AP) — The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct. 24. It is timed to the September Consumer Price Index, which also has not yet been released. READ MORE: Social Security has …
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The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct. 24. It is timed to the September Consumer Price Index, which also has not yet been released. The agency adjusts its benefits every year based on inflation. …
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WASHINGTON — WASHINGTON (AP) — The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct. 24. It is timed to the September Consumer Price Index, which also has not yet been released. The agency adjusts …
Read More »WASHINGTON (AP) — The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct. 24. It is timed to the September Consumer Price Index, which also has not yet been released. The agency adjusts its benefits …
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The Social Security Administration’s annual announcement setting next year’s cost-of-living adjustment, or COLA, will be delayed because of the government shutdown, the agency said. Each year, the Social Security Administration adjusts benefits for its 75 million recipients based on recent inflation data, which ensures that seniors, disabled Americans and other beneficiaries don’t lose purchasing power as prices rise. Social Security had …
Read More »US to publish CPI report for annual Social Security cost-of-living adjustment Reuters With Social Security’s COLA on the line, the Trump administration plans to release inflation data delayed by the shutdown CNN Inflation Report Will Be Released Despite Shutdown The New York Times Why the Next CPI Report Is Important for Social Security Checks, Bonds and 401(k)s The Wall Street Journal BLS Recalls Staff …
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President Trump’s tariff and trade policy is set to influence Social Security’s “raise” for the upcoming year. In theory, the big day for Social Security’s more than 70 million traditional beneficiaries is less than a week away. Depending on whether or not the federal government shutdown delays a key data release (which I’ll touch on in a moment), the Social …
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In spite of an expected first for Social Security’s cost-of-living adjustment since 1997, next year’s raise is likely to come up short for most beneficiaries. The biggest announcement of the year for Social Security’s more than 70 million beneficiaries is rapidly approaching. In a little over two weeks, on Oct. 15, the Social Security Administration (SSA) will lift the hood …
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Social Security commonly undergoes changes each year. The program’s earnings-test limits tend to rise from one year to the next, as does its wage cap. But perhaps the most important update in the context of Social Security is the program’s cost-of-living adjustment (COLA). Each year, Social Security benefits are eligible for a COLA automatically. COLAs are meant to help ensure …
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Social Security beneficiaries could see a 2.7% cost-of-living adjustment (COLA) in 2026, which is slightly above the 2.5% increase U.S. retirees received in 2025. That’s according to an estimate from the Senior Citizens League, which recently posted its latest COLA prediction based on August inflation figures figures from the Bureau of Labor Statistics. The Virginia advocacy group has released nine COLA estimates so …
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