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— The Social Security Administration has announced a 2.5% cost-of-living adjustment for recipients in 2025, the smallest such increase since 2021. On average, Social Security retirement benefits ...
Image source: Getty Images. How Social Security calculates the annual COLA. Before we discuss 2025's 2.5% COLA compared to recent years, it's worth noting how Social Security determines the annual ...
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.
For the average worker with disabilities, their Social Security benefit is projected to rise by $38 per month, from $1,542 to end 2024 to $1,580 to begin the new year. Meanwhile, the average ...
The COLA for 2025 is the second straight year of more normal annual adjustments, following large increases seen in 2023 and 2022. The 2025 increase follows this year’s rise of 3.2 percent, which ...
The Social Security Administration will announce the official RET limits for 2025 in the same press release as the COLA. But Social Security's Trustees estimate the lower limit will increase to ...
The 2.5% increase begins in January for nearly 68 million Social Security beneficiaries. An average beneficiary will see an increase of $50, going from $1,907 in January 2024 to $1,957 in January ...
A 2.5 percent increase would raise the average Social Security payment for retired workers from $1,920.48 (as of August 2024) to $1,968.49 in 2025, an increase of $48.01. You’ll notice the COLA ...