June Social Security Payments Set To Hit Record Highs Following 2025 COLA Increase
Millions of Americans receiving Social Security benefits are in for a welcome financial boost this June, with payments expected to reach record levels. The reason behind this increase is the 2025 annual Cost-of-Living Adjustment (COLA), a routine update designed to help beneficiaries keep up with inflation.
This year, the COLA rose by 2.5%, marking a meaningful increase for retirees, people with disabilities, and others who rely on Social Security for monthly income. While this increase is slightly lower than the 2024 COLA of 3.2%, it still contributes significantly to the overall growth in Social Security checks for 2025.
What This Means for Retirees
The average monthly benefit for retired workers in 2025 is now approximately $1,976, up from $1,848 last year. High earners who del...