Social Security Administration Raise 2025

Social Security Administration Raise 2025. Social security’s full retirement age (fra) will increase next year. According to the social security administration, if you delay taking your benefits from your full retirement age up to age 70, your benefit amount will increase, the agency notes.

The social security cola that is about to go into effect will result in a 2.5% increase in everyone’s social security benefits. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase 2.5% in 2025, the social security administration announced today.