All Social Security checks will get a 2.5% boost next year, thanks to the 2025 COLA. The way the government adds this to your checks is a bit complicated, but you can get a good approximation by adding 2.5% to your existing checks. In the case of the $910 average spousal benefit, the COLA will add about $23, bringing it to $933 per month.

For the second straight year, former federal workers will see a smaller increase to their defined-benefit annuities in January, with FERS retirees set for a 2% increase and CSRS annuitants a 2.5% bump.

Every October, the Social Security Administration (SSA) announces how much more seniors will receive from the government program the next year due to inflation. The COLA for 2025 will be 2.5%, which is a big step down from the increases received for the last three years.

The Social Security Administration recently announced the 2025 cost-of-living adjustment (COLA). Many retirees feel discouraged by the 2.5% increase, the lowest since 2021. Once the 2025 COLA takes effect,

In reality, many older American end up retiring on Social Security alone. And people in that boat unfortunately risk a world of financial hardship -- especially when Social Security benefits don't rise very much from one year to the next.