An estimated 96.7% of adults aged 60 to 89 receive Social Security. Although the average monthly benefit amount for retired workers was just $1,920 in August 2024, Social Security constitutes a ...
The 2025 adjustment shrank to 2.5% from 2024’s 3.2% increase, the Social Security Administration said on Oct. 10. This is the smallest rise since 2021. While the COLA is small, some recipients ...
The Social Security Administration has announced a 2.5% cost-of-living adjustment (COLA) to benefit checks starting in 2025. That's down from the 3.2% increase in 2024 and the smallest COLA ...