All Social Security beneficiaries are getting a 2.5% cost-of-living adjustment (COLA) next year -- or at least they are on paper. This will increase monthly benefit amounts for all recipients, including those claiming spousal Social Security.

Here's when 2025's Social Security Cost of Living Adjustment increases will go into effect. The increase is the agency's lowest in years.

Among the changes Social Security recipients will see in 2025 is a higher full retirement age. The number marks the age at which workers become eligible to claim 100 percent of their retirement benefit based on lifetime earnings.

One of the most important parts of Social Security is the annual cost-of-living adjustment, or COLA. The COLA is designed to help your monthly checks keep up with rising prices for everything from groceries, to medical bills, to the cost of housing. The Social Security Administration announces the next year's COLA in October each year.

The Cost of Living Adjustment (COLA) is a crucial mechanism that helps Social Security beneficiaries in the United States maintain their purchasing power amidst inflation. As we look towards 2025, understanding how COLA affects retirees' checks is essential for financial planning and stability.