Retirees and other beneficiaries of Social Security benefits and Supplemental Security Income (SSI) payments will see their monthly checks increase by 2.5% in 2025. That's about $50 more per month on average, starting in January.
The Social Security Administration (SSA) announced the annual cost-of-living adjustment Thursday after September’s inflation numbers were released. This follows a 3.2% bump this year and a massive 8.7% jump in 2022.
