Meanwhile, you may want to know exactly when to expect your 2.5% Social Security COLA to hit your bank account. Here's what the timing of that raise should look like. When your So

Here’s the latest Social Security news for October 2025, including the recently announced 2025 Social Security cost-of-living adjustment of 2.5%. Keep up to date on the Social Security COLA announcement and 2025 updates to your Social Security benefits.

President-elect Donald Trump has promised to eliminate taxes on Social Security benefits. However, experts say it’s too early to factor such changes into financial plans, even with a Republican majority in Congress.

But in 2025, Social Security benefits will be rising by only 2.5% due to cooling inflation. And while that's not a terrible increase, it's disappointing in the context of recent COLAs that have been far more generous.