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After the 2025 COLA Takes Effect, Here's How Much the Average Benefit Could Go Up at 62, 67, and 70

TheMotleyFool

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After the 2025 COLA Takes Effect, Here's How Much the Average Benefit Could Go Up at 62, 67, and 70: https://g.foolcdn.com/editorial/images/775936/typing-on-laptop.jpg

Social Security retirees are in line for a raise in 2025. But just how much more will the average retiree get when their new checks start coming in January of next year? Here's what you need to know.

Image source: Getty Images.

No official announcement has been made yet regarding how much more money seniors will get in their Social Security checks next year once their benefit increase happens. But The Senior Citizens League (TSCL), a Senior advocacy group, estimates that the benefits boost is likely to come in at 2.6%.

Source Fool.com