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What Is a Social Security COLA and How Can It Affect Your Retirement Plan in 2025?

The Motley Fool
Summary
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80% Informative

Cost-of-living-adjustment (COLA) is a pivotal part of the Social Security program that reflects the next year's increase in Social Security benefits.

The Social Security Administration ( SSA ) uses inflation data to determine the COLA.

In October , the SSA announced the 2025 COLA would be 2.5% , which happens to be the smallest in four years .

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80

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78

Neutral language

53

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semi-formal

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English

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43

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medium-lived

External references

7

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