Social Security 2025 Limit Increase. Benefit for high earners will also increase in 2025. In 2023, we saw a big 8.7% cola, while 2024 brought a smaller 3.2% increase.

First, the cost of living adjustment (cola) for social security benefits in 2025 is expected to be smaller compared to 2024. In 2025, social security recipients will receive a 2.5% cola.