
Social Security COLA increase for 2025: What to expect
The year 2025 will bring good news for Social Security beneficiaries. Over 72.5 million Americans will experience a 2.5% increase in their Social Security benefits and Supplementary Security Income payments. The increase in raise is intended to help meet higher prices for food, fuel, and other goods and services. The cost-of-living adjustment (COLA) for retirees…