The Social Security 2025 COLA Is Here, and There’s Good and Bad News for Retirees

Many retirees look forward to Social Security’s annual cost-of-living adjustment (COLA), which for 2025 is 2.5%. The COLA technically takes effect in December, with beneficiaries seeing updated payments in January. The average retired worker collects around $1,925 per month from Social Security, so the 2.5% COLA will amount to a monthly raise of around $48. […]