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Social Security Says 2.5% COLA in 2025

Writer's picture: genmoneymomgenmoneymom


Social Security beneciaries will see a 2.5% increase in their benet payments in 2025, according to the Social Security Administration.


The annual cost of living (COLA) adjustment will aect more than 72.5 million Social Security and Supplemental Security Income (SSI) beneciaries. This year, Social Security beneciaries will get a new one-page COLA summary that will detail the new benets and the exact date the 2025 adjustment will start.


Just how much of an increase will depend on the size of the Medicare Part B premium for 2024, which is projected to increase to $184 a month in 2025, up from $174.70. Typically, Medicare Part B payments are deducted from Social Security benets in advance.




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