Social Security 2025 Rate Increase. In 2025, social security will tax wages up to $176,100, up from $168,600 in 2024. The 2.5% cola that social security recipients will get in 2025 will result in the typical retiree getting around $50 more per month in their payments.
The social security administration announced thursday the 2025 cola will be 2.5%, down from 2024’s 3.2% increase. The rate increase will bump the average social security retirement benefit from $1,873.
Social Security 2025 Rate Increase Images References :