Tag: 2025 Increase
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2025 Social Security COLA Increase
The cost of living adjustment, commonly known as COLA, is an increase in Social Security benefits designed to counteract inflation. In 2025, the cost-of-living adjustment (COLA) will be 2.5%. According to the Social Security Administration, Social Security and Supplemental Security Income (SSI) benefits for over 72.5 million Americans will increase by 2.5 percent in 2025.…