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The COLA is also good news for those who rely on SSI. In 2025, the maximum monthly SSI payment rises to $967 for individuals and $1,450 for couples, up from $943 and $1,415, respectively, in 2024 .
Let's start with a bit of good news: Social Security benefits will increase by 2.5% in 2025, thanks to the annual cost-of-living adjustment (COLA). The average monthly Social Security benefit is ...
The SSA has announced that benefit checks will rise 2.5 percent in 2025. The 2.5 percent adjustment will amount to an average increase of $50 in monthly benefits for retired workers on Social ...
In 2025, the absolute maximum Social Security check totals $5,108. This is significantly more money than the average senior gets. The average monthly benefit among all retired workers is $1,976 ...
The new maximum monthly benefit for 2025 is $5,108 (about $61,300 for the year), up from 2024's $4,873. That should sound more like it, but hold on. Unfortunately, hardly anyone will qualify for it .
In 2025, the earnings test exemption is $23,400, up from $22,320 in 2024. This means beneficiaries can earn up to $23,400 without losing a portion of their Social Security checks.
Starting in January 2025, Social Security beneficiaries will see a 2.5% cost-of-living adjustment (COLA), marking the smallest increase since 2021. This modest adjustment reflects a positive ...
Image source: Getty Images. In 2024, Social Security benefits rose by 3.2% at the start of the year. In 2023, they rose 8.7%. So it's easy to see why a 2.5% raise pales in comparison -- at least ...