The Social Security cost-of-living adjustment (COLA) is calculated using inflation figures for the third quarter of the year, defined as July through September.
January 01, 2025
high
temporal
Explains the specific measurement period used to determine the annual COLA.
New Social Security cost-of-living adjustments take effect on January 1 of the year following the calculation period.
January 01, 2025
high
temporal
States when awarded COLA increases are applied to benefits.