The Social Security 2025 COLA Is Here, and There's Good and Bad News for Retirees

Many retirees look forward to Social Security's annual cost-of-living adjustment (COLA), which for 2025 is 2.5%. The COLA technically takes effect in December, with beneficiaries seeing updated payments in January.The average retired worker collects around $1,925 per month from Social Security, so the 2.5% COLA will amount to a monthly raise of around $48. However, there's good news and not-so-good news about what the COLA means for your future benefits.This year's 2.5% COLA is the lowest since 2021, and it's substantially smaller than the 5.9% and 8.7% raises we saw in 2022 and 2023, respectively. For many retirees, then, this adjustment is a bit of a disappointment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool