Social Security, COLA

Social Security Benefits Get a 2.5% Cost-of-Living Adjustment (COLA) in 2025. Here's How Much the Average Benefit Will Actually Increase.
The reason Social Security benefits are eligible for an automatic cost-of-living adjustment (COLA) each year is that without an inflation-based boost, seniors would be guaranteed to lose buying power from one year to the next.
Next year's 2.5% Social Security COLA isn't so bad when you consider this
But when we look back at the data, it becomes clear that a 2.5% Social Security COLA isn't so terrible. In fact, it's a lot more generous than some of the COLAs beneficiaries have seen in the past. In 2024, Social Security benefits rose by 3.2%. The year prior, they increased by 8.7%. And in 2022, a 5.9% COLA came through.
This Was the Average Social Security Benefit in 1994, and Here's What It Is Now
An important aspect of Social Security benefits is the monthly payouts increase they receive in most years to (somewhat) keep up with inflation. This is called the Social Security cost-of-living adjustment (COLA).
Here's How Much More Social Security Benefits the Average Retired Couple Will Get in 2025
The 2025 Social Security COLA is 2.5%. That's less than the 3.2% beneficiaries got in 2024 and well under the 8.7% they got in 2023. This is due to cooling inflation, which has slowed the rate the cost of goods are going up.
Social Security in 2025: What’s good and what’s not for retirees
For retirees under full retirement age (FRA) who are still working, the earnings test limits will rise in 2025. This change allows retirees to earn more before facing benefit reductions. For example, a retiree earning $30,000 annually could see monthly reductions fall from $320 in 2024 to $275 in 2025, keeping an additional $45 each month.
Good news for Social Security retirees in 2025: they will collect their first check with COLA increase on this date in 2024
Due to how the Social Security Administration schedules payments to beneficiaries, some will receive theirs with the 2025 COLA increase in December.
How Social Security Bill Could Change 2025 Benefits
The WEP reduces Social Security benefits for individuals who receive pensions from public sector jobs, such as state and federal employees, that are or were not required to make S
Social Security 2025: Here's Are the Good (and Bad) Changes Retirees Can Expect
A new year brings new changes to the Social Security program. While many of these changes are minor, they can still affect the size of your monthly payments. Most retirees will benefit from these adjustments,
Here's Why Social Security's 2.5% Cost-of-Living Adjustment (COLA) for 2025 Just Became Even More of a Problem
For months, experts had been projecting that 2025's Social Security cost-of-living adjustment (COLA) would land ...
Senate has 6 weeks to vote to lift Social Security for public workers. Will it?
Public sector workers are anxiously waiting to see if the Senate will vote to finally eliminate provisions that cut their ...
When Are December 2024 Social Security Payments Coming?
Anyone born between the 21st and 31st of any month will have their benefits paid on December 27. January payments for SSI and ...
Suze Orman: 2025 Social Security Changes You Need To Know About and Their Impacts
Starting in January 2025, Social Security beneficiaries will see a 2.5% cost-of-living adjustment (COLA), marking the ...
Visalia Times-Delta7d
All Social Security retirees should do this by Nov. 20
Here's why. In October, the Social Security Administration (SSA) announced the COLA for 2025. Each year, benefits are ...
Here's what changes are coming to Social Security in 2025
Social Security beneficiaries will soon experience a welcome change when benefits climb due to a cost-of-living adjustment.
Social Security's Silver Lining Has Been Ripped Away for a Second Consecutive Year
While Social Security's 2025 COLA announcement offers superficial promise, the lack of a treasured silver lining will quickly ...