Cola For 2025 Social Security Increase Update Info. Increased payments to nearly 7.5 million people receiving ssi will begin on december 31, 2024. In 2025, social security benefits will increase by 2.5%, impacting over 72.5 million people.

Here’s what else you should. With an increase of 2.5% in 2025, the cola will increase the average benefit to an expected $1,97, up from around $1,927 in 2024.