Projected Social Security COLA Increase for 2025: What to Expect

As the annual Social Security COLA (Cost of Living Adjustment) approaches, many are wondering how much their payments will increase in 2025. With inflation rates cooling down, analysts predict a relatively modest benefit boost of around 3%.

Inflation Data Points to Small Social Security COLA Increase

Compared to the 2024 COLA of 3.2%, which resulted in an average monthly benefit increase of over $50, the 2025 COLA is likely to be smaller. This means that beneficiaries may not see as significant of an increase in their payments as they did last year.

Estimating the Social Security COLA Increase: How Much Can You Expect?

While the exact amount of the 2025 COLA has not been announced, experts estimate that it will be around 3%. This would translate to a relatively small increase in payments for Social Security beneficiaries, including those receiving disability benefits and SSI (Supplemental Security Income).

Stay tuned for the official announcement on the Social Security COLA increase date and amount. In the meantime, you can use a social security COLA increase calculator to estimate how much your payments may increase based on the projected COLA.