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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.
The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.
Image source: Getty Images. 1. Social Security benefits will get a cost-of-living adjustment to account for inflation in 2025. Nationwide Retirement Institute reports that 66% of surveyed adults ...
On Thursday, the Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) for 2025. Beginning in January, more than 72.5 million Americans will receive a 2.5% increase ...
The Social Security Administration (SSA) recently announced that beneficiaries will get a 2.5% cost-of-living adjustment (COLA) in 2025. ... both Social Security benefits and SSI. Jan. 8, 2025 ...
How the 2025 COLA compares to recent adjustments. As of August 2024, the average Social Security recipient received a monthly benefit of $1,783.55.But the average retired worker did a bit better ...
1. The COLA for 2025 is making benefit checks bigger. The cost-of-living adjustment (COLA) for 2025 is indeed a most notable change in Social Security for 2025, but it's not an Earth-shattering ...
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.