What Will The Cola Be For 2025
What Will The Cola Be For 2025. The 2025 cola is lower than 2024's 3.2%, and much lower than 2023's 8.70% increase. Many experts have given roundabout predictions of 2.5 percent for benefits issued in 2025, including independent social security and medicare policy analyst mary johnson.
Some people receive both social security benefits and ssi). The cola for 2025 will be announced in october 2024 and will be effective for social security checks that will be paid in january 2025.