Social Security will announce the 2025 COLA within days. Here’s what to expect.

The roughly 70 million people who receive Social Security payments will soon learn how much they’ll receive in their 2025 benefit checks, with the program’s annual cost-of-living adjustment (COLA) to be announced within days. Each fall, the Social Security Administration sets its annual COLA based on the recent rate of inflation, part of an overhaul to the program that began in the 1970s that ensures senior citizens and other beneficiaries aren’t losing purchasing power in the face of rising prices. When will the 2025 Social Security COLA be announced?Typically, the Social Security Administration announces its annual COLA on the same day the Labor Department releases its September inflation report, with the benefits announcement released shortly after the inflation data.

The September Consumer Price Index report is scheduled to be issued on Thursday, Oct. 10. What will the COLA be for Social Security in 2025? The 2025 cost-of-living…