Vital announcement from US Social Security to millions of Americans: Very necessary

The Social Security Administration (SSA) of the United States announced a 2.5% increase in Social Security and Supplemental Security Income (SSI) benefits for 2025. This cost-of-living adjustment (COLA) benefits more than 72.5 million Americans, including retirees, people with disabilities, and SSI beneficiaries.

This increase responds to the recent slowdown in inflation, which has decreased from record levels in 2022. Although the 2.5% increase is lower than the 3.2% in 2024, it remains a significant help to keep the purchasing power of the beneficiaries.

For retirees, this adjustment means an average increase of approximately $50 per month in their Social Security checks. For example, a retired worker who received $1,927 per month in 2024 will see their benefit increased to $1,976 in 2025.

SSA sends a strong message: this is what American retirees must do in 2025

The SSA has implemented a new system to notify beneficiaries about their COLA adjustments. For some time now, most beneficiaries receive a simplified one-page notification through the message center of their "my Social Security" account.

To access this notification online, beneficiaries must create a "my Social Security" account. This account allows users to verify their benefits, change their address, and report income, among other functions.

Retirees must review their COLA notification to understand how their benefits will be adjusted and what deductions, such as Medicare Part B premiums, might apply. Since these premiums are usually automatically deducted from Social Security benefits, the net increase received may be less than 2.5%.

SSA's advice and the importance of following it: this interests you

The SSA emphasizes the importance of staying informed about changes in benefits and protecting personal information. Beneficiaries must be alert to potential fraud and avoid sharing confidential information with unverified sources.

Additionally, it is advisable for retirees to regularly check their "my Social Security" account to monitor their benefits and report any changes in their personal or financial situation.

Overall, this year there is still an opportunity for retirees to review and adjust their financial planning. It is a favorable time to evaluate expenses, consider savings options, and ensure that their income aligns with their needs.