Here's How Much the Average Social Security Benefit Will Increase Next Year if the Current COLA Estimate Is Correct
Snippet of Article: "...We've had data from July and August available for quite some time at this point. But because September just ended, it's too soon to have a reading from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the month, which is the index COLAs are measured by. ...that information is expected to be released on October 10. And once that happens, the Social Security Administration (SSA) can calculate a 2025 COLA officially. ... raise is looking smaller, though, with estimates calling for a 2 ..."
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