A 2.5% cost-of-living adjustment increase will mean an extra $50 a month for most Social Security and SSI recipients.

Married retirees are lucky enough to benefit from two monthly checks, but most people rarely get more than this. However, in November 2024 only, a lucky few beneficiaries will receive three Social Security checks -- or as many as four for some married couples. But before you celebrate too much, there's an important caveat you need to know.

Learn income limits and other restrictions to avoid having your Social Security benefits suspended or terminated.

Millions of Americans will see changes to their benefits in the New Year. There will be an increase of 2.5 percent for retirees and those on disability benefits

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.

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