Projection

Increase: Social Security 2025 COLA Projection Shows 3% Uptick Amid Rising Inflation Stress

Albany, New York – Seniors receiving Social Security benefits may see a significant increase in their Cost of Living Adjustment (COLA) for the year 2025. A recent forecast suggests a potential 3% uptick in monthly payments, providing needed relief in the face of rising inflation. The COLA adjustments for Social Security benefits are determined annually based on the consumer price index for urban wage earners and clerical workers. The latest prediction for 2025 reflects a …

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Utah Relies on Long-Term Demographic and Economic Projection Models for Informed Decision Making

SALT LAKE CITY, Utah – Models play a vital role in informing decision-making processes, especially in a high-growth state like Utah. These models are not meant to replace critical thinking, but to enhance it by organizing thought processes, understanding relationships, and shedding light on cause and effect. Long-term demographic and economic projection models have become essential tools in providing policymakers with vital information to make informed decisions that impact various aspects of the state, such …

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Social Security Benefits: 2025 COLA Projection Indicates Decrease

Miami, Florida – Social Security beneficiaries may face a smaller cost-of-living adjustment (COLA) in 2025, according to early projections. The anticipated decrease from current and previous years could impact millions relying on these benefits for their financial security. The Senior Citizens League (TSCL) projects a slight 1.75% increase in COLA for 2025, based on the latest data from the Consumer Price Index for Urban Wage Earners and Clerical Workers. However, TSCL emphasizes that this estimate …

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