Since 1975, COLAs have been calculated annually using CPI-W data from the third quarter (July through September) to help ensure that benefits keep pace with the rising costs of essentials like housing, food, and healthcare.
—
Aliss Higham,
MSNBC Newsweek,
10 Nov. 2025
That, however, could take up to a year, given the need for congressional approval, according to Jaret Seiberg, a financial services and housing policy analyst at TD Cowen.
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