Trending searches: 2025 social security cola increase
if you're wondering how much your social security check might increase next year stay tuned we've got the facts every year Social Security benefits are adjusted to keep up with the cost of living this adjustment is known as the cost of living adjustment or Cola in 2024 beneficiaries saw a 3.2% increase but what about 2025 current projections suggest a 2.57% increase translating to an estimated $50 more per month however it's important to note that you're actual increase can vary factors like years worked total Social Security taxes paid and the age you start claiming benefits all play a role while this increase aims to help with Rising costs some studies suggest it might not be enough for the actual expenses older adults face stay informed and keep an eye on official announcements for the most accurate information and remember every bit helps in maintaining your financial stability thanks for watching be sure to subscribe for more updates