Social Security Boost for 2025: What the 2.5% COLA Means for Your Payments

Social Security Boost for 2025: What the 2.5% COLA Means for Your Payments

In 2025, Social Security payments will rise thanks to a 2.5% cost-of-living adjustment (COLA). This increase will start in January 2025 and will affect millions of Americans, especially retirees. The maximum monthly Social Security benefit for people who retire at full retirement age will increase to $4,018 in 2025. This is up from $3,822 in … Read more