Early Predictions for 2025 Social Security COLA

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Early Predictions for 2025 Social Security COLA • The Senior Citizens League is predicting that the 2025 Social Security Cost of Living Adjustment (COLA) is on track to hit a milestone it hasn't hit for a very long time. The adjustment is based on third-quarter data from the Consumer Price Index, so the Social Security COLA won't be released until likely October 2024. Yet, based on current CPI data, early projections suggest the COLA for 2025 could be as big as 2.6%. We explain. • --- • 0:00 Early Predictions • 0:37 History • 1:10 Factors • 1:47 Sources • --- • Read more: https://www.fool.com/retirement/2024/... • Read more on SSA COLA: • https://www.ssa.gov/oact/cola/SSI.html • https://www.ssa.gov/cola/ • Support HealthWatch Wisconsin with a tax deductible donation: • https://www.paypal.me/healthwatchwisc... • Visit our official website: • https://healthwatchwisconsin.org • Want to get in touch with us? Send an email: • [email protected] • About HealthWatch Wisconsin: • HealthWatch Wisconsin is a nonprofit subsidiary of ABC for Health, Inc. working to promote improved access to health care coverage and services. HealthWatch Wisconsin actively shares materials, education, and trainings with health care professionals and consumers. • On our YouTube channel, you will find content about health insurance and coverage programs like Medicaid, social security programs, and private health insurance. We stay on top of current events, policy, and rule changes. We also cover topics that intersect with health coverage for vulnerable populations, such as food, energy, and housing assistance programs. You will also find content on programs specific to Wisconsin such as: BadgerCare Plus eligibility, enrollment, and program rules and disability program rules and features for adults as well as children with special health care needs (CYSHCN). Finally, we share some tips and advocacy strategies.

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