Now that September's inflation data has been revealed, the Social Security Administration has officially announced the 2025 cost-of-living adjustment, or COLA. In this video, Matt Frankel, CFP®, discusses exactly how much it is and what it means to the millions of Social Security recipients in the United States.
Social Security recipients are getting a raise in January. Here's exactly how much your benefits will go up.
About the Author
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst and personal finance expert covering financial stocks, REITs, SPACs, and personal finance. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, The National Desk, and other TV networks and publications for his financial, stock market, and investing expertise.