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WASHINGTON (AP) — Sherri Myers, an 82-year-old resident of Pensacola City, Florida, says the Social Security cost-of-living increase she’ll receive in January “won’t make a dent” in helping her meet her day-to-day expenses.  “Inflation has eaten up my savings,” she said. “I don’t have anything to fall back on — the cushion is gone.” So even with the anticipated increase she’s looking for work to supplement her retirement income, which consists o…

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Albuquerque

Bernalillo County

New Mexico

United States

Social Security's scheduled cost of living increase 'won't make a dent' for some retirees

Social Security recipients are expected to receive a smaller cost-of-living increase in January than in recent years as inflation moderates. The Social Security Administration will announce the increase Thursday. In

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Associated Press News

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Social Security recipients are expected to receive a smaller cost-of-living increase in January than in recent years as inflation moderates

abc News

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My Mother Lode

Social Security’s scheduled cost of living increase ‘won’t make a dent’ for some retirees

Social Security recipients are expected to receive a smaller cost-of-living increase in January than in recent years as inflation moderates.

Portland Press Herald

MaineToday Media

Portland

Cumberland County

Maine

The official COLA announcement on Thursday likely will be a 2.5% increase for 2025.

OC Register

Alden Global Capital

Orange County

California

Social Security’s cost of living increase ‘won’t make a dent’ for retirees

WASHINGTON (AP) — Sherri Myers, an 82-year-old resident of Pensacola City, Florida, says the Social Security cost-of-living increase she'll receive in January “won't make a dent” in helping her meet her day-to-day expenses.

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Sherri Myers, an 82-year-old resident of Pensacola City, Florida, says the Social Security cost-of-living increase she’ll receive in January “won’t make a dent” in helping her meet her day-to-day expenses.

The Oregonian

Advance Publications

Multnomah County

Oregon

Social Security is set to announce a 2025 cost of living increase. Some say the forecast amount ‘won’t make a dent’

The annual Social Security and Medicare trustees report in May that the program's trust fund will be unable to pay full benefits beginning in 2035. If the trust fund is depleted, the government will be able to pay only 83% of scheduled benefits.

PBS NewsHour

Washington

District of Columbia

Social Security is due for another cost of living increase, it 'won't make a dent' for some retirees

Analysts predict the 2025 Social Security COLA announcement will be 2.5% for 2025, less than recent years. That would be about $48 a month more on average.

Social Security's scheduled cost of living increase 'won't make a dent' for some retirees

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