Here's when 2025's Social Security Cost of Living Adjustment increases will go into effect. The increase is the agency's lowest in years.

Those who receive Supplemental Security Income will be the first to receive the increase benefit starting later this month.

The cat has been out of the bag for weeks about one major Social Security change coming in 2025. In October, the Social Security Administration (SSA) announced a 2.5% cost-of-living adjustment (COLA) for the new year.

While inflation has been easing downward, it has still been pinching retirees’ budgets. Will retirees still be getting a big raise via their Social Security Cola?

People entering retirement and people who receive disability payments and social security benefits will be the most impacted.

The Social Security Administration announced its COLA for the coming year in mid-October. It will go into effect at the beginning of the coming year. Plenty of people have been discussing it lately. The news and noise,

Social Security benefits and SSI payments will increase in 2025, helping tens of millions of people keep up with expenses even as inflation has started to cool.'

Social Security will face several changes heading into the new year, many of which can directly affect your finances. Factors like Medicare premium increases can reduce your checks, while other changes are more positive.