There's been lots of speculation about Social Security's 2025 cost-of-living adjustment (COLA), but on Oct. 10, it all came to an end. That's because the Social Security Administration announced a 2.5% raise for 2025,

Social Security benefits are given a cost of living adjustment each year. The 2025 COLA increase is the smallest since 2021.

Unfortunately, 2025's Social Security COLA isn't exactly going to be a record-breaker. As a result of cooling inflation, benefits will only be rising by 2.5% in the new year. That

The extent to which your monthly Social Security payments will increase in 2025 will hinge on a few factors. These include an official COLA number, whether you're enrolled in Medicare, and whether the cost of Part B rises in 2025.

The Cost of Living Adjustment, more commonly known as COLA, increases benefits administered by the SSA on a yearly basis. The COLA is designed to keep Social Security retirement, survivor and disability payments in line with inflation, so that purchasing power is not eroded over time.

A recent survey from the Motley Fool shows 50% of retirees have considered going back to work to make ends meet.

The new COLA, or cost-of-living adjustment, for 2024 is 2.5%, one of the lowest increases in years, according to the Social Security Administration (SSA). Social Security recipients received an 8.7% COLA boost in 2023, which was a Social Security increase that broke records made decades ago.

All Social Security recipients will soon receive a raise. On Oct. 10, 2024, the Social Security Administration (SSA) announced that benefits for more than 72.5 million people will increase by 2.5% in 2025.