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Social Security Benefits Get a 2.5% Cost-of-Living Adjustment (COLA) in 2025. Here's How Much the Average Benefit Will Actually Increase.

By Yahoo! Finance   |   Nov 20, 2024 at 03:47 AM EST
Social Security Benefits Get a 2.5% Cost-of-Living Adjustment (COLA) in 2025. Here's How Much the Average Benefit Will Actually Increase.

Social Security benefits receive an annual cost-of-living adjustment to combat inflation. However, the 2.5% increase in 2025 is the smallest in years, resulting in a modest rise in monthly benefits.

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