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How Does the SSA Calculate Cost of Living Increases? - Christine Matus
From Matus Law Group - In this episode, we discuss the article "How Does the SSA Calculate Cost of Living Increases?" and explore how the Social Security Administration (SSA) determines annual Cost of Living Adjustments (COLA) for beneficiaries. With the 2025 COLA set at 2.5 percent, it’s important to understand how this adjustment impacts those receiving Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) benefits. For New Jersey residents, additional state supplements can further increase total monthly benefits, but factors such as income, living arrangements…
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