It's Official: 3.2 Million Americans Will Receive Bigger Social Security Checks -- but There's a Catch
Social Security's 2.5% cost-of-living adjustment (COLA) for 2025 was underwhelming, to say the least. It added just $49 to the average monthly check, though many seniors saw their expenses rise more than that over the past year.Unfortunately, future COLAs are the only benefit increase most retirees can look forward to, and the next one won't arrive until January 2026. However, a recent change in federal law will boost the monthly checks of a select group of 3.2 million Americans.Image source: Getty Images.Continue reading
Social Security's 2.5% cost-of-living adjustment (COLA) for 2025 was underwhelming, to say the least. It added just $49 to the average monthly check, though many seniors saw their expenses rise more than that over the past year.
Unfortunately, future COLAs are the only benefit increase most retirees can look forward to, and the next one won't arrive until January 2026. However, a recent change in federal law will boost the monthly checks of a select group of 3.2 million Americans.
Image source: Getty Images.
