Big News: Social Security Benefits to Increase in 2025 – What It Means for You

Starting January 2025, millions of Americans relying on Social Security are set to receive a financial boost. A 2.5% Cost-of-Living Adjustment (COLA) will increase monthly benefits by about $50 on average. This adjustment is intended to help beneficiaries cope with inflation and rising expenses for everyday essentials. Here’s what this means for you and how…