10 Oct: Expected announcement of 2025 Social Security changes, including lower COLA due to slowing inflation.
October 10 is expected to announce key changes to Social Security, including the 2025 Cost-of-Living Adjustment (COLA), calculated based on third-quarter data from the Consumer Price Index for Urban Wage Earners and Clerical Workers. Other changes include the earnings test limit, wage cap, and work credit value. The 2025 Social Security COLA is predicted to be less than 2024 due to slowing inflation, but the rise in Medicare Part B costs remains uncertain.
June 07, 2024
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