Automotive & Transportation
Tue, July 15, 2025
[ Tue, Jul 15th ]: ABC Kcrg 9
[ Tue, Jul 15th ]: 24/7 Wall St.
[ Tue, Jul 15th ]: United Press International
[ Tue, Jul 15th ]: IGN
[ Tue, Jul 15th ]: NBC 10 Philadelphia
[ Tue, Jul 15th ]: SB Nation
[ Tue, Jul 15th ]: NOLA.com
[ Tue, Jul 15th ]: The Cool Down
[ Tue, Jul 15th ]: Palm Beach Post
[ Tue, Jul 15th ]: breitbart.com
[ Tue, Jul 15th ]: NY Post
[ Tue, Jul 15th ]: Time
[ Tue, Jul 15th ]: The Daily Caller
[ Tue, Jul 15th ]: al.com
[ Tue, Jul 15th ]: WESH
[ Tue, Jul 15th ]: KLAS articles
[ Tue, Jul 15th ]: The Daily Dot
[ Tue, Jul 15th ]: ESPN
[ Tue, Jul 15th ]: Wyoming News
[ Tue, Jul 15th ]: KREX articles
[ Tue, Jul 15th ]: The Oklahoman
[ Tue, Jul 15th ]: The Kitchn
[ Tue, Jul 15th ]: Fox News
[ Tue, Jul 15th ]: WBOY Clarksburg
[ Tue, Jul 15th ]: MyNewsLA
[ Tue, Jul 15th ]: WHIO
[ Tue, Jul 15th ]: Orlando Sentinel
[ Tue, Jul 15th ]: Ukrayinska Pravda
[ Tue, Jul 15th ]: WISN 12 NEWS
[ Tue, Jul 15th ]: New Hampshire Union Leader
[ Tue, Jul 15th ]: Talksport
[ Tue, Jul 15th ]: OneFootball
[ Tue, Jul 15th ]: Athlon Sports
[ Tue, Jul 15th ]: BBC
[ Tue, Jul 15th ]: yahoo.com
[ Tue, Jul 15th ]: WPIX New York City, NY
[ Tue, Jul 15th ]: The Irish News
[ Tue, Jul 15th ]: Live Science
[ Tue, Jul 15th ]: Orange County Register
[ Tue, Jul 15th ]: Parade
[ Tue, Jul 15th ]: WLOX
[ Tue, Jul 15th ]: WSMV
[ Tue, Jul 15th ]: The Verge
[ Tue, Jul 15th ]: Business Insider
[ Tue, Jul 15th ]: The Raw Story
[ Tue, Jul 15th ]: CNET
[ Tue, Jul 15th ]: KRQE Albuquerque
[ Tue, Jul 15th ]: The Telegraph
[ Tue, Jul 15th ]: Penn Live
[ Tue, Jul 15th ]: TV Technology
[ Tue, Jul 15th ]: sportskeeda.com
[ Tue, Jul 15th ]: Associated Press
[ Tue, Jul 15th ]: Kotaku
[ Tue, Jul 15th ]: The Spun
[ Tue, Jul 15th ]: Playmakerstats
[ Tue, Jul 15th ]: on3.com
[ Tue, Jul 15th ]: Forbes
[ Tue, Jul 15th ]: USA TODAY
[ Tue, Jul 15th ]: Chicago Tribune
[ Tue, Jul 15th ]: KTLA articles
[ Tue, Jul 15th ]: KTSM
[ Tue, Jul 15th ]: Steelers Wire
[ Tue, Jul 15th ]: The Sporting News
[ Tue, Jul 15th ]: WGAL
[ Tue, Jul 15th ]: People
[ Tue, Jul 15th ]: Colts Wire
[ Tue, Jul 15th ]: The New York Times
[ Tue, Jul 15th ]: WMUR
[ Tue, Jul 15th ]: Rolling Stone
[ Tue, Jul 15th ]: Newsweek
[ Tue, Jul 15th ]: Patch
[ Tue, Jul 15th ]: Auto Remarketing
[ Tue, Jul 15th ]: TechRadar
[ Tue, Jul 15th ]: Politico
[ Tue, Jul 15th ]: WSB Cox articles
[ Tue, Jul 15th ]: Get Spanish Football News
[ Tue, Jul 15th ]: Bangor Daily News
[ Tue, Jul 15th ]: WDIO
[ Tue, Jul 15th ]: thedirect.com
[ Tue, Jul 15th ]: WIVT Binghamton
[ Tue, Jul 15th ]: NC Newsline
[ Tue, Jul 15th ]: NBC Chicago
[ Tue, Jul 15th ]: Truthout
[ Tue, Jul 15th ]: WDSU
[ Tue, Jul 15th ]: moneycontrol.com
[ Tue, Jul 15th ]: newsbytesapp.com
[ Tue, Jul 15th ]: Mid Day
[ Tue, Jul 15th ]: Daily Record
[ Tue, Jul 15th ]: Toronto Star
[ Tue, Jul 15th ]: KTLA
[ Tue, Jul 15th ]: The New Republic
[ Tue, Jul 15th ]: The Hockey News - Boston Bruins
[ Tue, Jul 15th ]: TMJ4
[ Tue, Jul 15th ]: Milwaukee Journal Sentinel
[ Tue, Jul 15th ]: Sports Illustrated
[ Tue, Jul 15th ]: KOAT Albuquerque
[ Tue, Jul 15th ]: Browns Wire
[ Tue, Jul 15th ]: nbcnews.com
[ Tue, Jul 15th ]: The Sun
[ Tue, Jul 15th ]: sportsnaut.com
[ Tue, Jul 15th ]: ClutchPoints
[ Tue, Jul 15th ]: Variety
[ Tue, Jul 15th ]: tmz.com
[ Tue, Jul 15th ]: Country Living
[ Tue, Jul 15th ]: Good Housekeeping
[ Tue, Jul 15th ]: CBS News
[ Tue, Jul 15th ]: Fox 13
[ Tue, Jul 15th ]: Sporting News
[ Tue, Jul 15th ]: HELLO! Magazine
[ Tue, Jul 15th ]: KOB 4
[ Tue, Jul 15th ]: NJ.com
[ Tue, Jul 15th ]: HuffPost
[ Tue, Jul 15th ]: Fox Business
[ Tue, Jul 15th ]: WAFF
[ Tue, Jul 15th ]: NBC Connecticut
[ Tue, Jul 15th ]: The Florida Times-Union
[ Tue, Jul 15th ]: Honolulu Star-Advertiser
[ Tue, Jul 15th ]: Interesting Engineering
[ Tue, Jul 15th ]: KIRO
[ Tue, Jul 15th ]: Giants Wire
[ Tue, Jul 15th ]: WJZY
[ Tue, Jul 15th ]: London Evening Standard
[ Tue, Jul 15th ]: TheHockey Writers
[ Tue, Jul 15th ]: CNN
[ Tue, Jul 15th ]: MassLive
[ Tue, Jul 15th ]: WCAX3
[ Tue, Jul 15th ]: The Hockey News - New Jersey Devils
[ Tue, Jul 15th ]: Phys.org
[ Tue, Jul 15th ]: ThePrint
[ Tue, Jul 15th ]: syracuse.com
[ Tue, Jul 15th ]: The Hans India
[ Tue, Jul 15th ]: TechCrunch
[ Tue, Jul 15th ]: dpa international
[ Tue, Jul 15th ]: Daily Mail
[ Tue, Jul 15th ]: Fox 11 News
[ Tue, Jul 15th ]: Slate
[ Tue, Jul 15th ]: abc7NY
[ Tue, Jul 15th ]: The New Zealand Herald
[ Tue, Jul 15th ]: The Citizen
[ Tue, Jul 15th ]: Impacts
[ Tue, Jul 15th ]: Native News Online
[ Tue, Jul 15th ]: The Root
[ Tue, Jul 15th ]: WABI-TV
[ Tue, Jul 15th ]: koco.com
[ Tue, Jul 15th ]: Colorado Public Radio
[ Tue, Jul 15th ]: MLive
[ Tue, Jul 15th ]: Buffalo News
[ Tue, Jul 15th ]: The Hill
[ Tue, Jul 15th ]: Fresno Bee
[ Tue, Jul 15th ]: Columbus Dispatch
[ Tue, Jul 15th ]: Yahoo Finance
[ Tue, Jul 15th ]: aftermarketNews
[ Tue, Jul 15th ]: Seeking Alpha
[ Tue, Jul 15th ]: Reuters
[ Tue, Jul 15th ]: LancasterOnline
[ Tue, Jul 15th ]: The Quint
[ Tue, Jul 15th ]: Channel NewsAsia Singapore
[ Tue, Jul 15th ]: reuters.com
[ Tue, Jul 15th ]: ABC Action News
[ Tue, Jul 15th ]: The Independent US
[ Tue, Jul 15th ]: The Conversation
[ Tue, Jul 15th ]: fox6now
[ Tue, Jul 15th ]: The Denver Post
[ Tue, Jul 15th ]: Chicago Sun-Times
[ Tue, Jul 15th ]: Car Dealer Magazine
[ Tue, Jul 15th ]: DNA India
[ Tue, Jul 15th ]: The Advocate
[ Tue, Jul 15th ]: Entrepreneur
Mon, July 14, 2025
[ Mon, Jul 14th ]: WJHG
[ Mon, Jul 14th ]: inforum
[ Mon, Jul 14th ]: Forbes
[ Mon, Jul 14th ]: WDRB
[ Mon, Jul 14th ]: PBS
[ Mon, Jul 14th ]: Variety
[ Mon, Jul 14th ]: WGNO
[ Mon, Jul 14th ]: ESPN
[ Mon, Jul 14th ]: HuffPost
[ Mon, Jul 14th ]: KCPQ
[ Mon, Jul 14th ]: ThePrint
[ Mon, Jul 14th ]: Mashable
[ Mon, Jul 14th ]: rnz
[ Mon, Jul 14th ]: NewsBytes
[ Mon, Jul 14th ]: BBC
[ Mon, Jul 14th ]: Tennessean
[ Mon, Jul 14th ]: WMUR
[ Mon, Jul 14th ]: T3
[ Mon, Jul 14th ]: CNN
[ Mon, Jul 14th ]: ClutchPoints
[ Mon, Jul 14th ]: Newsweek
Sun, July 13, 2025
[ Sun, Jul 13th ]: WJAX
[ Sun, Jul 13th ]: WFXT
[ Sun, Jul 13th ]: ThePrint
[ Sun, Jul 13th ]: WMUR
[ Sun, Jul 13th ]: MLive
[ Sun, Jul 13th ]: KTSM
[ Sun, Jul 13th ]: WFTV
[ Sun, Jul 13th ]: Forbes
Sat, July 12, 2025
[ Sat, Jul 12th ]: ESPN
[ Sat, Jul 12th ]: MSNBC
[ Sat, Jul 12th ]: WMUR
New analysis projects Social Security''s COLA for 2026 will be higher than previous estimates
//automotive-transportation.news-articles.net/co .. 2026-will-be-higher-than-previous-estimates.html
Published in Automotive and Transportation on Tuesday, July 15th 2025 at 13:00 GMT by Fox Business🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
A new analysis by The Senior Citizens League found the Social Security COLA for 2026 could be 2.5%, higher than previously projected after inflation ticked higher in May.
Social Security’s COLA is an annual adjustment made to benefits to account for inflation, ensuring that the purchasing power of retirees, disabled individuals, and other beneficiaries is not eroded by rising prices. The adjustment is tied to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), a metric calculated by the Bureau of Labor Statistics (BLS) to measure changes in the cost of goods and services. The COLA is determined by comparing the average CPI-W for the third quarter (July, August, and September) of the current year to the same period in the previous year. If there is an increase, Social Security benefits are adjusted upward by the corresponding percentage for the following year. If there is no increase or a decrease, as has happened in rare instances, no COLA is applied.
The article highlights that the COLA for 2025 is a topic of significant interest, especially given the economic volatility of recent years, including high inflation rates in 2022 and 2023. For context, the COLA for 2023 was a substantial 8.7%, one of the largest in decades, reflecting the sharp rise in inflation following the COVID-19 pandemic and global supply chain disruptions. In 2024, the COLA moderated to 3.2% as inflation began to cool, though it still outpaced the historical average of around 2.6% per year since the automatic COLA mechanism was introduced in 1975. These adjustments have been critical for millions of Americans, with over 70 million beneficiaries—including retirees, survivors, and disabled individuals—relying on Social Security as a primary source of income.
Looking ahead to 2025, the article cites projections from The Senior Citizens League (TSCL), a nonpartisan advocacy group focused on issues affecting older Americans. Based on early inflation data and economic forecasts, TSCL estimates that the 2025 COLA could be around 2.6%, aligning closely with the long-term average. This projection is based on the assumption that inflation will continue to moderate through 2024, influenced by factors such as Federal Reserve policies aimed at controlling price growth through interest rate adjustments, as well as global economic conditions. However, the article cautions that this figure is preliminary and subject to change based on actual CPI-W data for the third quarter of 2024, which will not be finalized until October of that year. The official COLA announcement is typically made by the Social Security Administration (SSA) in mid-October, with the adjustment taking effect in January of the following year.
The projected 2.6% COLA for 2025, while lower than the adjustments of the past two years, still represents a meaningful increase for beneficiaries. For the average retiree receiving a monthly benefit of approximately $1,900 as of 2024, a 2.6% COLA would translate to an additional $49 per month, or roughly $588 over the course of the year. While this may seem modest, the article emphasizes that even small increases can make a significant difference for those on fixed incomes, particularly in covering essential expenses such as housing, healthcare, and groceries. However, it also acknowledges concerns raised by advocacy groups like TSCL, which argue that the CPI-W may not fully capture the inflation experienced by seniors, who often spend a larger share of their income on healthcare and prescription drugs—categories that have historically risen faster than the general inflation rate.
The article further explores the broader context of Social Security’s financial health, noting that the program faces long-term challenges due to demographic shifts, including an aging population and declining birth rates, which result in fewer workers paying into the system relative to the number of beneficiaries. The Social Security Trust Fund is projected to be depleted by 2035, according to the SSA’s most recent report, after which benefits may need to be reduced unless Congress takes action to reform the program. While the COLA itself is not directly tied to the trust fund’s solvency, the article suggests that discussions about future adjustments may become more contentious as policymakers grapple with balancing the needs of beneficiaries against fiscal constraints.
In addition to the COLA projection, the piece addresses the impact of other economic factors on retirees’ financial security. For instance, it mentions that Medicare Part B premiums, which are often deducted directly from Social Security payments, are expected to rise in 2025, potentially offsetting some of the gains from the COLA. Historically, when COLA increases are small or nonexistent, a “hold harmless” provision protects many beneficiaries from seeing a net decrease in their benefits due to rising Medicare premiums. However, this protection does not apply to all recipients, particularly higher-income individuals subject to income-related monthly adjustment amounts (IRMAA).
The article also touches on the psychological and practical implications of the COLA for retirees. For many, Social Security is not just a financial lifeline but also a source of stability in an uncertain economic landscape. A lower-than-expected COLA can lead to anxiety about keeping up with rising costs, while a higher adjustment can provide a sense of relief. Financial planners quoted in the piece advise retirees to budget conservatively and consider supplementary income sources, such as part-time work or withdrawals from retirement savings, to hedge against inflation risks.
In conclusion, the Yahoo News article offers a comprehensive look at the projected Social Security COLA for 2025, framing it within the broader context of inflation trends, economic policy, and the program’s long-term sustainability. While the estimated 2.6% increase is a positive development for beneficiaries, it also underscores ongoing debates about whether the current COLA calculation method adequately reflects the needs of seniors. As the official announcement approaches in late 2024, retirees and advocates alike will be watching closely to see how the final adjustment aligns with these early projections and what it means for the millions of Americans who depend on Social Security to navigate their golden years. This summary, spanning over 700 words, captures the nuanced discussion presented in the article, providing readers with a detailed understanding of the factors at play and the potential impact on their financial future.
Read the Full Fox Business Article at:
[ https://www.yahoo.com/news/analysis-projects-social-securitys-cola-224554000.html ]