Will Social Security Payments Rise In 2025 Calendar

Will Social Security Payments Rise In 2025 Calendar. In 2025, social security will tax wages up to $176,100, up from $168,600 in 2024. Nearly 68 million social security beneficiaries will see a 2.5% cola beginning in january 2025.

Average benefit rise of $49 per month for retirees. The change takes effect in january 2025, though the tax rate on those wages, 6.2 percent, will remain the same.