Social Security Increase 2025 Estimate Chart For 2025 . Cost Of Living Increase 2025 Michigan Tuketu Jade The 2.5 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 68 million Social Security beneficiaries in January 2025. Estimated COLA for 2025 Current estimates suggest a 2.57% COLA increase for 2025, which would add approximately $50 per month to benefits, according to the Detroit Free Press.
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NOTE: The 7.65% tax rate is the combined rate for Social. The average Social Security benefit for retired workers was $1,920 in September 2024
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