New Social Security Increase For 2025. The latest cola is 2.5 percent for social security benefits and ssi payments. The estimated average retirement benefit will increase by $49 a month, from $1,927 to $1,976, starting in january, according to the social security administration (ssa).

Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase 2.5 percent in 2025, the social security administration announced today. Of note, the 2024 increase was 3.2%.