2025 Social Security COLA Projections Show 2.6% Increase, Impacting Average Beneficiaries
BIRMINGHAM, ALABAMA – Social Security beneficiaries may see a modest 2.6% cost-of-living adjustment (COLA) in 2025, an increase of about $45 per month for the average recipient. This projection, based on data from The Senior Citizens League, falls below the 3.2% increase in 2024 and is significantly lower than the record-breaking 8.7% bump in 2023. Despite this, it remains far from the lowest COLA amounts historically received by beneficiaries, according to Social Security administration figures. …