Social Security's cost-of-living adjustment (COLA) for 2025 will be announced this month. It will have far-reaching implications for the more than 65 million Americans who receive benefits.

Today's wealthiest Social Security beneficiaries rake in a whopping $4,873 per month. That's more than $58,000 per year, and they'll get even more in 2025. These seniors will get the same cost-of-living adjustment (COLA) as everyone else starting in January.

Social Security benefits will be adjusted for inflation in 2025. Find out by how much and when you'll see the increase in your check.

The official Social Security COLA announcement for 2025 is next week. We'll tell you when and how much you could get in your benefit checks next year.

Retirees collecting Social Security receive an annual cost-of-living adjustment, or COLA, to help them keep up with rising prices. The Social Security Administration calculates the COLA based on inflation data,

On October 10, the Social Security Administration will announce an official COLA for 2025. But if that number makes a huge difference in your finances, that's a problem. And so regardless of what next year's COLA amounts to, it's wise to consider the changes above if you're tired of worrying about money day in, day out.

Social Security beneficiaries may find the 2025 COLA forecast disappointing, especially when payments increased 5.9% in 2022, 8.7% in 2023, and 3.2% in 2024. But if benefits do indeed get a 2.5% COLA next year, the smaller raise would come with an important silver lining.

The Social Security Administration is less than two weeks away from announcing its cost of living adjustment (COLA), the annual bump in recipients' payments to help them deal with inflation.