The 2025 COLA was announced by the Social Security Administration in early October, and we're a little more than a month away before it officially kicks in. While it's a smaller increase than some may have wanted to see, there's more changes to dive into ...

Last month, the Social Security Administration announced that beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in 2025. That revelation disappointed many Social Security recipients.

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.

Last month, the Social Security Administration revealed that benefits will receive a 2.5% COLA increase in 2025

In 2022 and 2023, many seniors on Social Security struggled to keep up with surging bills. In 2025, costs are expected to rise at a much slower pace. This means that even with just a 2.5% COLA, Social Security recipients may not end up losing out on so much buying power.

Last month, the Social Security Administration announced that the next cost-of-living adjustment (COLA) will be 2.5%. Here's why the average take-home Social Security increase will be roughly 20% lower than they might expect.

Millions of Americans will see changes to their benefits in the New Year. There will be an increase of 2.5 percent for retirees and those on disability benefits

In 2025, the maximum Social Security payment will be increasing from $4,873 per month to a whopping $5,108 per month. To earn this payment, there are three requirements you'll need to meet: work for at least 35 years, delay claiming benefits until age 70, and consistently reach the maximum taxable earnings limit.