Social Security Benefit Boost in 2025 – Know Your New Payment Amount
Social Security beneficiaries can expect a cost-of-living adjustment (COLA) in 2025, though this increase will be notably smaller than previous years. Following substantial COLA increases of 8.7% in 2023 and 3.2% in 2024, the 2025 adjustment is set at a more modest 2.5%. This translates to an average monthly increase of approximately $50 for beneficiaries, … Read more