Social Security Increase 2025 3% Change

Social Security Increase 2025 3% Change. Social security recipients received a 3.2% increase in their benefits in 2024, and some retirees are concerned that this year’s increase is not big enough to meet their needs. The social security taxable wage base is set to increase from $168,600 in 2024 to $176,100 in 2025.

The social security administration announced thursday that the cola for for 2025 will be 2.5%. Fra is the claiming age at which the benefit paid to a retired worker will equal their primary insurance amount (pia).