Last month, the Social Security Administration announced the cost-of-living adjustment for 2025. Beginning in January, beneficiaries will receive a 2.5% raise -- amounting to around $48 per month for the average retiree and roughly $39 per month for the average disabled worker.

With a little more than a month before the 2025 COLA kicks in, here's what you should know about the upcoming adjustment.

The idea of depending entirely on Social Security doesn't sit well with me. That's why I'm taking control now by building retirement accounts.

Gen Xers say they are worried they may not receive their benefits at retirement age if Social Security funds are depleted.

But the truth is that your monthly benefit is never truly locked in, because each year, Social Security recipients are eligible for an automatic cost-of-living adjustment (COLA).

Last month, the Social Security Administration announced that beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in 2025. In fact, a recent survey conducted by The Motley Fool found that 54% of retired workers believe the 2025 COLA is insufficient.