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Starting in 2025, Social Security and Supplemental Security Income (SSI) benefits will see an increase of 2.5% for over 72.5 million people across the nation. 


This adjustment will impact about 68 million Social Security recipients, with the increased benefits being effective from January 2025. Additionally, nearly 7.5 million SSI recipients will see their adjusted payments starting December 31, 2024. (It's important to note that some individuals may receive both Social Security and SSI benefits.)


For more detailed information on the 2025 COLA, feel free to explore further.


In 2025, the maximum earnings subject to Social Security tax will rise to $176,100. For those under full retirement age, the earnings limit will increase to $23,400. Keep in mind that if earnings exceed this threshold, a deduction of $1 from benefits will be applied for every $2 earned over the limit.


Individuals reaching their full retirement age in 2025 will have an increased earnings limit of $62,160. In this case, there will be a $1 deduction for every $3 earned beyond this amount until the person reaches full retirement age. Anyone who is at full retirement age or older throughout the year can earn without any limit.


To learn more about the COLA, tax, benefits, and earning thresholds for 2025, please read further.


Your COLA Notification


In December 2024, most beneficiaries can find their Social Security COLA notices online in their my Social Security account’s Message Center. This year marks the introduction of a redesigned and more user-friendly COLA notice, making it simpler to access the important details you need. The new streamlined notice is now just one page, employing straightforward and personalized language, while providing clear dates and dollar amounts for the updated benefit and any deductions.





This convenient online delivery offers a secure way to receive your COLA notifications and save them for future reference. You can also opt to receive your notices online rather than by mail when you log in or set up a my Social Security account. Just remember to select how you prefer to be notified when your COLA notice is ready to view: via email, text message, or both.


As a reminder, our services come at no cost to you. Please be cautious, as no legitimate government agency or trustworthy organization will request your personal information or demand upfront payment through wire transfers or gift cards. To protect yourself from fraudulent calls and phishing attempts, avoid sharing personal details, clicking on suspicious links, or opening unknown attachments. You can find additional information on how we safeguard your data and manage your my Social Security account here.


Annual Reminders for COLA Notice Recipients


If you receive a pension from work not covered by Social Security, please inform us immediately if you start receiving a retirement or disability pension from that employment.