What Is The Cola Increase For 2025. That's because inflation has been falling over the past several months. Lawmakers take aim at credit card debt, interest rates, fees.
Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023. The social security 2025 cola increase takes effect in january 2025 and translates to an average increase of $59 per month for people receiving social security.