The 2025 Social Security COLA Is Official. Here’s How Much the Average Retirement Check Will Increase Next Month
The cost-of-living adjustment, one of the primary features of Social Security, ensures that monthly benefits keep pace with rising costs for groceries, medical expenses, and housing. The Social Security Administration makes a public announcement every October on the COLA for the following year. With inflation jumping between 2021 and 2023, many retirees look forward to…