The first Social Security checks with 2025's 2.5% cost-of-living adjustment (COLA) have gone out, with more coming in the following weeks. The average retired worker will now receive $1,976 per month,

The average Social Security payment will rise by more than $50 per month starting in January, thanks to the federal government’s 3.2% annual cost-of-living adjustment, or COLA. A 3.2% increase in the average Social Security check—about $1,

We're a couple of days away from the new year, and that means the next Social Security checks will include the 2025 COLA increase.

Social Security's 2025 cost-of-living adjustment (COLA) took effect in January. Benefits will increase 2.5% this year, the smallest pay bump for seniors since 2021. Indeed, more than half of retired workers surveyed by The Motley Fool in October said the COLA was insufficient.

The full retirement age (FRA), the age at which retirees can claim their Social Security benefits, has been gradually increasing and will increase again in 2025. This year, those born in 1959 will reach their FRA at 66 years and 10 months, two months later than those born in 1958. For those born in 1960 or later, the FRA will rise to 67.

The Social Security cost-of-living adjustment, or COLA, for 2025 is a 2.5% increase. That means the monthly benefits checks for more than 72.5 million Americans will see their lowest annual bump in four years.

Technically speaking, this is the 2024 COLA, as it goes into effect in December 2024. However, because Social Security is paid a month in arrears, this increase will be reflected in the payment that beneficiaries receive in January. For this reason, it is often referred to as the 2025 COLA.

As inflation begins to cool, the Social Security cost-of-living adjustment (COLA) for 2025 has been set at 2.5%. This increase, although modest compared to the previous years, is a crucial lifeline for retirees,