The Social Security cost-of-living adjustment officially goes into effect in December of each year -- so technically speaking ...

According to a recent Social Security COLA survey by The Motley Fool that asked 2,000 retirees about the COLA, 81% of ...

It's important to note that some individuals receive both types of benefits. The calculation of the COLA is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

Beneficiary Type November 2024 Average With 2.5% COLA Added Of course, these are just averages, and a 2.5% increase could be a higher or lower dollar amount for you. It depends on how much you're ...