Social Security Announces 2.5 Percent Benefit Increase for 2025
October 11, 2024
October 11, 2024
WOODLAWN, Maryland, Oct. 11 -- The Social Security Administration issued the following news release on Oct. 10, 2024:
Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase 2.5 percent in 2025, the Social Security Administration announced today. On average, Social Security retirement benefits will increase by about $50 per month starting in January.
Over the last decade the COLA increase has averaged a . . .
Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase 2.5 percent in 2025, the Social Security Administration announced today. On average, Social Security retirement benefits will increase by about $50 per month starting in January.
Over the last decade the COLA increase has averaged a . . .