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Some people receive both Social Security benefits and SSI. Jan. 8, 2025. This is when the first regular Social Security payments with the new COLA will be issued — the second Wednesday of the month.
In 2025, nearly 73 million Social Security and SSI recipients will see their benefits increase by 2.5%. That’s just under the 2.5% by which the average COLA boosted benefits over the last decade.
In the first case, people who receive Social Security's Supplemental Security Income, or SSI, got an extra payment in November because of the way the calendar falls in December.
The cost-of-living adjustment (COLA) for 2025 is indeed a most notable change in Social Security for 2025, but it's not an Earth-shattering one. The COLA, effective in December 2024, is just 2.5%.
As we head into 2025, there are a slew of Social Security changes set to take effect in January. Many of these changes will have a direct impact on your benefit amount, potentially affecting your ...
The Social Security Administration recently announced the cost-of-living adjustment (COLA) for 2025, and beneficiaries can expect a 2.5% raise (amounting to around $50 per month for the average ...
The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%. This is under the 3.2% increase retirees saw last year. This is under the 3.2% increase ...
What will the COLA be for Social Security in 2025? The 2025 cost-of-living adjustment is forecast to come in at about 2.5% , according to the Senior Citizens League (TSCL), an advocacy group for ...