Social Security Increase For 2025 Projection Matrix
Social Security Increase For 2025 Projection Matrix. For 2025, social security beneficiaries are set to receive a significant increase in their payments due to the expected rise in inflation during 2024. According to the ssa, the 2.5% increase will translate to an additional $49 for the average retiree, increasing the average monthly check from $1,927 to $1,976.
This cola is much lower than the 8.7%. In 2025, the maximum taxable earnings limit will increase to $176,100.