2025 Social Security Raise: Which States Will Benefit the Most?
The 2025 cost-of-living adjustment (COLA) for Social Security benefits has been set at 2.5%, marking the smallest percentage increase since 2021. With this adjustment, the average monthly benefit for a retired worker will rise by $49 to a total of $1,967. Social Security’s COLA is designed to protect beneficiaries’ purchasing power by ensuring that payouts … Read more