Cola 2025. On average, social security's 2025 cola will be largest for retired workers at age 70. A cola increase of 2.5% will raise the average monthly benefit by about $48 a month.

For instance, if a beneficiary receives $2,000 monthly in 2024, a 2.5% cola in 2025 would result in an increase of $50, raising the monthly benefit to $2,050. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase by 2.5% in 2025.