How Much Money Could The Social Security 2025 COLA Deliver?

In just two months, the Social Security Administration will announce the Social Security cost-of-living adjustment (COLA) for 2025. Below, we’ll answer some basic questions about the Social Security COLA and what it means for you.

What Is The Social Security COLA?

Social Security’s COLA increases the benefits paid to retirees and beneficiaries each year to help them maintain their buying power and protect against inflation. The COLA for 2025 will be announced in October 2024 and will be effective for Social Security checks that will be paid in January 2025.