COLA, Social Security
2025's Social Security COLA: Your Top 5 Questions, Answered
However, that number could wiggle upward or downward, depending on how an official inflation reading for September shakes out. Either way, though, you should expect 2025's Social Security COLA to be lower than the 3.2% raise that came through at the start of 2024.
What Is a Social Security COLA, and How Can It Affect Your Retirement Plan in 2025?
Because Social Security benefits are for life, they should be able to keep up with inflation over the decades. While the COLA may sound simple and straightforward, the program is facing some issues that could affect your retirement in 2025 and beyond.
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It "remains imperative that we issue decisions faster at every level," Social Security Commissioner Martin O'Malley said.
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