With a little more than a month before the 2025 COLA kicks in, here's what you should know about the upcoming adjustment.

Last month, the Social Security Administration announced the cost-of-living adjustment for 2025. Beginning in January, beneficiaries will receive a 2.5% raise -- amounting to around $48 per month for the average retiree and roughly $39 per month for the average disabled worker.

Last month, the Social Security Administration revealed that benefits will receive a 2.5% COLA increase in 2025

A Social Security cost of living increase offers retirees options such as managing costs, saving or enjoying small splurges.

As we head into 2025, you can expect a few changes on the horizon for the Social Security program. While many of these changes are relatively minor, they can have a direct impact on your benefit amount.

Gen Xers say they are worried they may not receive their benefits at retirement age if Social Security funds are depleted.

Various news stories about Social Security have made headlines throughout the year, ranging from questions concerning its solvency to arguments over how the program should be funded. Particulars

But a 2.5% COLA for 2025 stings because it's the smallest one to arrive in years. At the start of 2024, seniors on Social Security saw their benefits increase by 3.2%. And the year prior, Social Security recipients got a record-breaking 8.7% COLA. So a raise of just 2.5% seems awfully meager by comparison.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. If you were to ask a room full of retired people whether they’re worried about the future of Social Security,

A new year brings new changes to the Social Security program. Increasing income limits could result in a larger tax bill for high-earning workers. That said, there is a silver lining these individuals can look forward to in 2025.