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In 2025, nearly 73 million Social Security and SSI recipients will see their benefits increase by 2.5%. That’s just under the 2.5% by which the average COLA boosted benefits over the last decade.
Image source: Getty Images. Bad news: Important costs are going to offset some or all of your 2025 COLA. But as noted earlier, Social Security's 2025 COLA is a mixed bag.
Read on to learn about three important updates to the Social Security program in 2025. ... a 3.2% COLA in 2025. The following chart shows how much additional monthly income, on average, different ...
Image source: Getty Images. 1. 2.5% cost-of-living adjustment (COLA) The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%.This is under the 3.2 ...
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
Learn about the Social Security COLA projection for 2025, ... TSCL updated its 2025 COLA prediction based on August's CPI-W data, which came in at 2.5%. ... The Social Security 2024 COLA increase ...
The Social Security Administration will not announce the official 2025 COLA until October, but The Senior Citizens League expects benefits to increase 2.6% next year. The chart below illustrates ...
In 2025, Social Security will tax wages up to $176,100, up from $168,600 in 2024. The change takes effect in January 2025, though the tax rate on those wages, 6.2 percent, will remain the same.