Cola 2024 Social Security Increase Updates. If the 2025 cola is 2.5%, it would translate to a $48 increase in the monthly benefit payment, bringing the average monthly total to $1,968. How much is the increase:

Beginning in january 2024, checks reflecting those increases were sent to the more than 66 million. If the 2025 cola is 2.5%, it would translate to a $48 increase in the monthly benefit payment, bringing the average monthly total to $1,968.