COLA
An annual percentage increase applied to Social Security, SSI, VA disability, and other federal benefit payments to help keep pace with inflation, as measured by the Consumer Price Index (CPI-W).
COLA is announced each October by the SSA and takes effect January 1 of the following year.
The 2025 COLA was 2.5%. Projections for 2027 suggest a smaller increase (~1.2%-3.1%).
VA disability compensation also receives an annual COLA adjustment tied to the same index.
→ IRMAA (Medicare premium adjustments) can offset Social Security COLA increases for higher-income beneficiaries.
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Frequently asked questions about COLA
What is Cost-of-Living Adjustment (COLA)?+
An annual percentage increase applied to Social Security, SSI, VA disability, and other federal benefit payments to help keep pace with inflation, as measured by the Consumer Price Index (CPI-W). COLA is announced each October by the SSA and takes effect January 1 of the following year.
Who qualifies for COLA?+
Workers who have earned enough Social Security credits, plus eligible spouses and survivors.
How do I apply for COLA?+
Apply online at ssa.gov, by phone at 1-800-772-1213, or in person at your local Social Security office. There's no cost to apply.
Where can I get help?+
Create a free account at ssa.gov/myaccount to check your earnings record and benefit estimate. BenefitKarma's free Benefit Eligibility Screener can also point you to the right Social Security program.