Social Security Cost-of-Living Adjustment (COLA): Your Essential Guide to 2025 Benefit Changes
The Social Security Administration (SSA) has officially announced the Cost-of-Living Adjustment (COLA) for 2025, a crucial measure designed to help millions of beneficiaries cope with the persistent pressure of rising inflation and the increasing cost of living. This annual adjustment, which is tied to changes in the Consumer Price Index (CPI), serves as a lifeline for over 70 million Americans, including retirees, disabled workers, surviving spouses, and children who rely on Social Security and Supplemental Security Income (SSI). The new COLA will be reflected in all monthly payments beginning in January 2025.
