Potential Social Security Increase For 2025

Potential Social Security Increase For 2025. Annual cola is meant to keep beneficiaries’ purchasing power from being. And in 2025, a number of key changes are likely to arrive that could impact retirees and workers alike.

The estimated average retirement benefit will increase by $49 a month, from $1,927 to $1,976, starting in january, according to the social security administration (ssa). Current estimates suggest a 2.57% cola increase for 2025, which would add approximately $50 per month to benefits, according to the detroit free.