Will Social Security Payments Rise In 2025

Will Social Security Payments Rise In 2025. Roughly 68 million social security beneficiaries will see the increase starting with payments in january 2025. Increased payments to nearly 7.5 million people.

While inflation has moderated somewhat, we can still expect a cola increase in 2025. The change takes effect in january 2025, though the tax rate on those wages, 6.2 percent, will.