Social Security Update 2025 Changes

Social Security Update 2025 Changes. Recently, the social security administration announced two important changes that are going to affect both current and future retirees. Although this is the smallest cola in four years, it still marks the fourth consecutive year where colas are above.

The social security administration will make changes next year to address inflation, affecting its more than 72 million recipients. The act ends the windfall elimination provision (wep) and government pension offset (gpo).