2025 Cost-of-Living Increase: What Veterans and Social Security Recipients Need to Know

The 2025 Cost-of-Living Adjustment (COLA) is on the horizon, and it promises to impact millions of Americans, including veterans receiving VA disability benefits and those on Social Security. Paul from theSITREP dives into the projected COLA for 2025, shedding light on how these changes could affect your wallet.

In recent years, COLA has seen significant fluctuations: a 5.9% increase in 2022, an 8.7% rise in 2023, and a 3.2% bump in 2024. So, what’s in store for 2025? Current projections from the Senior Citizens League estimate a COLA increase of 2.65%. Although these numbers are not set in stone, they provide a glimpse into what veterans and Social Security recipients might expect.

For veterans receiving VA disability, this projected increase translates to a range of $453 at 10% disability to $99 at 100% disability. Veterans with dependents may see even higher compensation. On the Social Security front, the average monthly benefit could rise from $1,918 to $1,968, equating to an extra $50 a month.

These projections, while helpful, are approximate. The exact COLA increase will be confirmed on October 10th. For those keen to stay updated, theSITREP will be releasing detailed content once the official numbers are out.

Understanding these changes is crucial for planning your financial future. Visit theSITREP on YouTube for a comprehensive breakdown and stay informed about how these adjustments might impact you and your family.

For more in-depth information and to see which benefits you may qualify for, explore the resources provided by theSITREP. Watch the full video on their YouTube channel to stay ahead of the curve.