2025 COLA Update: Aged Couples to Receive Up to $3,089 Monthly
The Social Security Administration (SSA) has confirmed a Cost-of-Living Adjustment (COLA) increase for 2025, which will significantly impact aged couples receiving benefits. Starting in January 2025, couples will see their monthly payments increase, with the maximum benefit reaching up to $3,089 per month. This adjustment is designed to help retirees manage the rising costs of living and maintain financial stability.
2025 COLA Adjustment Overview
The COLA increase for 2025 is set at 2.5%, ensuring that Social Security benefits keep up with inflation. For aged couples, this adjustment means a notable boost in their monthly income. As of January 2024, the maximum benefit for a couple was $3,038. With the COLA update, that amount will rise to approximately $3,089 per month starting in J...