Teena Myrilla

Cola Update For 2025 Social Security. Beginning in january, more than 72.5 million americans will receive a 2.5%. 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.

Increased payments to nearly 7.5 million people receiving ssi will begin on december 31, 2024. The cola technically takes effect in december, with.