Social Security 2025 COLA Announcement
This is a news story, published by CBS News, that relates primarily to Social Security's news.
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•Social Security will announce the 2025 COLA within days. Here's what to expect.
87% Informative
Social Security's annual cost-of-living adjustment (COLA) to be announced within days .
The Social Security Administration sets its annual COLA based on inflation during the third quarter .
Inflation has cooled considerably after hitting a 40-year high of 9.1% in June 2022 .
The average Social Security check for retirees stands at $ 1,907 .
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