Social Security Is Giving Retirees a 2.5% Increase, the Smallest Raise in Years

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The COLA volition summation the mean monthly payment to $1,976

Retirees’ Social Security benefits volition emergence 2.5% successful 2025, the smallest cost-of-living accommodation successful 4 years.

Starting successful January the mean monthly cheque for the nation’s millions of status payment recipients volition beryllium $1,976, up $49 from this year, the Social Security Administration said Thursday. After rising a cumulative 18.8% the past 3 years to support up with the surge successful prices, this humble summation reflects cooling inflation.