Social Security Increase 2025 Projections 2025. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2025. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2025.
That’s because colas are based on third quarter inflation. As of 2025, earnings above $168,600 are exempt from social security’s 6.2% payroll tax.