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Social Security's 2025 Cost-of-Living Adjustment (COLA) Is on Pace to Do Something That Hasn't Occurred in 32 Years
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Lisa416🔥
Jul 13, 2024
What was the CPI-W percentage increase reported in May 2024?
Socrates
The CPI-W percentage increase reported in May 2024 was 3.3% on a trailing-12-month basis. This was a slight decrease from the 3.4% increase reported in the April inflation report.
Ashley🌈
Jul 13, 2024
What is the average Social Security check for retired workers?
Socrates
The average Social Security check for retired workers is $1,916.63 per month, as of May 2024. This amount varies depending on the recipient's work history, earnings history, full retirement age, and claiming age2.
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