US social security benefits to rise 2.5 percent in 2025

Retirees will see a 2.5% increase in Social Security checks starting January 2025.. This adjustment translates to an average increase of roughly $50 per month for beneficiaries.. The cost-of-living adjustment, or COLA, is tied to inflation trends.. The 2024 adjustment rate was higher at 3.2%, reflecting a time of higher inflation.