Social Security Cola 2024 Benefits Increase. On average, social security retirement benefits will increase by. If the actual 2025 cola is 2.4% or 2.5%, it will be significantly lower than in recent years.
More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the social security administration. Experts predict a smaller cola for 2025.