Social Security Increase 2024 Announce. The 2.5% increase in 2025 is smaller than 2024's 3.2% boost and 2023's 8.7%. If social security increases the cola by 3.2% next year, the average monthly retiree check would increase to $1,790, or $57.30 in additional benefits, the senior citizens.
Some washington lawmakers are voting to change that. The first big announcement affects current retirees and others who are receiving social security.
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