2025 Cola August Forecast Projection

2025 Cola August Forecast Projection – Forecasts for social security's 2025 cola point to a modest increase in the upcoming year. In july, the 2025 cola forecast was 2.7%. The 2025 cola prediction is about 2.57%, down from 2.63% last month, says alex moore, the senior citizens league's (tscl) statistician […] As indicated by the august inflation data, it now seems likely the 2025 cola will be a little less than the 2.57% estimate.

The projected cola for 2025 is 2.57%. The projection is based on the july cpi numbers, which is the first of three sets of numbers the ssa will use to determine the 2025 cola. A cola that is higher than the pay raise is not unusual. The average monthly survivor benefit ($1,509 in august) would go up by a little less than $38, and the average social security disability insurance (ssdi) payment ($1,540 in august.

2025 Cola August Forecast Projection

If cola is 2.6% for 2025, that would be considered the average amount that colas have been over the past two decades and the lowest since 2021, said. A 2.5 percent cola would increase the average benefit for a retired worker — about $1,920 a month in august 2024 — by $48 a month starting in january 2025. The cola will likely be slightly higher than the pay raise for current federal employees in 2025.

Projection Social Security COLA for 2025 should be around 2.7 Treasury InflationProtected Securities