2025 Social Security Boost Revealed!

Social Security benefits are projected to increase by around 2.5% in 2025, according to recent predictions. This modest cost-of-living adjustment (COLA) reflects lower inflation rates compared to previous years. For a typical beneficiary, this increase would add about $50 to their monthly payments starting in January 2025. The exact COLA will be finalized in October, based on inflation data from the third quarter of 2024【6†source】.