Wednesday, November 27, 2024

Social Security Announces 2.5 Percent Benefit Increase for 2025

Title: Social Security Announces 2.5 Percent Benefit Increase for 2025

Article Snip: "...Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase 2.5 percent in 2025, the Social Security Administration announced today. On average, Social Security retirement benefits will increase by about $50 per month starting in January. ...Over the last decade the COLA increase has averaged about 2.6 percent."

Reference: www.ssa.gov
Lower Than Average COLA increase, How is inflation so high but COLA is below average, Bankrupting of Social Security Recipients,






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