As we head into 2025, you can expect a few changes on the horizon for the Social Security program. While many of these changes are relatively minor, they can have a direct impact on your benefit amount.

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

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.

One Social Security rule that isn't changing in 2025 is the threshold for taxes on benefits. Social Security recipients are subject to taxes on their retirement benefits based on their combined income, which is 50% of their annual Social Security benefit plus other taxable income and nontaxable interest income (such as what municipal bonds pay).