Social Security May 7 Payments – Who’s Getting The New COLA Boost?
Millions of Americans receiving Social Security benefits are set to receive their next payment on May 7, 2025. This payment includes the newly adjusted Cost-of-Living Adjustment (COLA) for 2025, designed to help beneficiaries keep up with rising living costs. The 2.5% COLA increase means bigger monthly payments compared to 2024, offering a welcomed boost to retirees and individuals on disability. Knowing the … Read more
