Social Security Benefits 2025 Cola Increase

Social Security Benefits 2025 Cola Increase. On average, social security's 2025 cola will be largest for retired workers at age 70. Inflation continued to cool last year, resulting in a 2.5 percent cola for 2025 for people receiving social security payments,.

Social security beneficiaries will get a 2.5 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. But this year, it’s up to $176,100, which means higher earners will pay social security tax on an extra $7,500 of income.