Ssa 2024 Cola Update. Nearly 68 million social security beneficiaries will see a 2.5% cola beginning in january 2025. A cola of 2.5% will add about $48 to the average benefits check when it arrives in january 2025.

The ssa announced the cola to the social security contribution and. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase by 2.5% in 2025.