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SSA Annual Updates SOAR Works!, Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2025. If you will reach fra in 2025, social security withholds $1 in benefits for every $3 in earnings above $59,520 (up from $56,520 in 2025) until the month when you hit the milestone.
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All social security recipients saw a 3.2 percent cost of living adjustment in 2025 to make up for the impact of inflation on their benefits.
Normally, the june 2025 payment would go out on june 1, but because june 1 is on the weekend, the payment will go out on may 31 instead.