A fourth consecutive year of an above-average cost-of-living adjustment (COLA) is still likely to leave retirees disappointed.

Tens of millions of older Americans will see a 2.5% increase in benefits this January when a cost-of-living adjustment is added to Social Security payments.

The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.

The Social Security Administration just announced the 2025 cost-of-living adjustment set to impact over 72 million Americans. Experts suggest the adjustment is disappointing. Check out our breaking news to learn more.

The smaller increase for 2025 reflects moderating inflation. Retirees voiced concern that the increase would not be enough to counter rising costs.

Everything from what beneficiaries will receive each month to what workers might owe in payroll tax is set to change in the new year.

Nearly 68 million Social Security beneficiaries will see a 2.5 percent cost-of-living adjustment beginning in January 2025.  Increased payments to nearly 7.5 million people receiving SSI will begin on Dec. 31, 2024. ( Note: Some people receive both Social Security benefits and SSI).

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Each year, Social Security benefits are eligible for a cost-of-living adjustment, or COLA. COLAs are supposed to help recipients keep up with inflation so they don't fall behind as living costs rise naturally over time.

Below, we'll detail the specifics of the 2025 COLA increase and what it means for you. For more, here's our essential Social Security cheat sheet, and don't miss the Social Securi