Social Security in 2025: 6 Major Shifts That Could Affect Your Benefits

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COLA increase in 2024, Social Security in 2025
Photo by Drozd Irina from shutterstock.com

1. COLA rises

The first thing to know about Social Security in 2025 is that the COLA will rise by 2.5%. This adjustment will lead to an average increase of $50 in monthly benefits for retired workers receiving Social Security beginning in January.

In simpler words, the average check for retirees will increase from $1,927 to $1,976. If we consider a couple in which both partners receive benefits, their approximate payment will increase from $3,014 to $3,089.

Since 1975, the SSA has linked COLA adjustments to the Consumer Price Index for urban wage earners and clerical workers (CPI-W). To determine the cost of living adjustment, the Social Security Administration compares the third-quarter CPI-W of the previous year to the third-quarter CPI-W of the current year. After this, the COLA is simply adjusted based on the percentage change in the CPI-W from one year to the next.

…We have some good news! Keep reading to find out more!

2. Maximum Social Security benefit might increase

A worker who retires at full retirement age will receive a maximum Social Security payout of $4,018 in 2025, an increase from $3,822 in 2024. Individuals who retire at full retirement age, which is 67 for those born after 1960, are eligible for this change.

As you probably know, those who retire before reaching full retirement age will receive a lesser maximum benefit because payments are diminished in this situation. However, if you want your benefits to be bigger, Social Security in 2025 could help you. All you have to do is delay your retirement, even if you have the full retirement age.

If you have further questions regarding how to get the maximum benefits, it’s always best to talk to a financial adviser, because things are different from one individual to another!

18 Responses

  1. You are letting us know that there will be positive changes in SS in 2025, but it seems that Trump will change SS for the worse. Will anything you provided be true once he is in office on 21 January 2025?

  2. your news letter is a lot of words and short on news You like taking a long time to say nothing get over your self your not a good news team you kinda need to be retrained on whats news and importante !!!!!!!!!!!!

  3. What isn’t covered, is Medicare withholdings also go up and that decreases the amount one receives in Social Security.
    Also my husband passed away four years ago. Because I made more in Social Security, I am not entitled to his Social Security. That should be changed. I still have to live within my income and that is difficult. His contribution would be a welcome assist and I’m sure I am not the only one who falls into this category.

  4. WHAT CAN YOU DO IF YOU ARE –
    1. A 61 YEAR OLD WOMAN
    2- LOCKED OUT FROM THE TRAILER I OWN MARCH of 2024 ?
    3- HOMELESS SINCE THEN
    4- NO MONEY
    5- NO CAR
    6- ALL ALONE –NO ONE TO HELP ME
    7- I AM LIVING IN A MOTELL UNDER CODE BLUE
    8- WHEN THE WEATHER GOES ABOVE FREEZING I WILL BE KICKED OUT

    I AM A NATURAL BORN IN AMERICA CITIZEN- MOM, DAD and BROTHER DECEASED
    WHY HAS MY BURLINGTON COUNTY GOVERNMENT NOT HELPED ME FOR 10 MONTHS ?

  5. Unless tRump & his cronies/minions somehow change the law, we will no doubt see a significant COLA for 2026 because of the rampant inflation he is causing.

  6. My husband died on Feb 26, 2024 and I applied for benefits from his account. It has been over a year and I still have no benefits that should be coming after his death since my own benefits are more than half what his are. My numerous calls to Social Security end by the person representing SS say I do not know how this works and will send it to my supervisor.

    Got any ideas?

  7. I would like info what to expect when I retire at 69 0r 70 and then back to work if I decide. I am receiving ss benefits at 62 and I work Pt without medical benefits

  8. I retired in 2015 when I was 65 1/5 with full benefits. I am a widow 86 yrs old and need more than the $2160.00 received monthly. I am at below poverty level. The value of the dollar was greater back in 2015 than it is today. With the 2.5 increase projected for 2025 is nice, however, my rent goes up 5% each year, and it is hard to keep up. Is there any consideration for increasing the monthly benefit more than the 2.5 % increase for the ones who retired 25 years ago ?

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