More than 70 million beneficiaries are waiting for the official new Social Security check increase for 2025 to be announced. According to the Social Security Administration, the new increase check will be sent in January by the Social Security payment schedule for 2025. However, before we know the payment amounts, the Bureau of Labor Statistics should disclose the official cost of living adjustment (COLA) increase next month.
Even though we don’t know the final percentage, the Senior Citizens League (TSCL) has projected a COLA increase of between 2.73% and 3.2%. If you qualify for Social Security payments, find out about the newly verified payment dates for the coming year, as well as the predicted payment amounts for all beneficiaries.
The first higher check from Social Security in January 2025
Every month, the government agency is responsible for making five sets of payments. The first two payments are made on the first and third days of each month to beneficiaries of the Supplemental Security Income (SSI) and Retirement, Survivor, and Disability Insurance (RSDI) programs. Then, depending on each beneficiary’s birth date, SSA pays three more rounds of benefits to RSDI recipients on the second, third, and fourth Wednesdays of each month. According to the Social Security payment schedule, SSI beneficiaries will receive their benefits on Tuesday, December 31st, rather than January 1st, which is a federal holiday.
The Social Security Administration will reschedule the payment for Friday, January 31st because February 1st is a weekend. SSI beneficiaries will receive an early payment from February payments, although they will not receive their monthly benefits until January. Aside from this slight change to the normal timetable, pensioners, survivors, and handicapped people will continue to receive their regular payments on the third day of each month if they claim benefits before May 1997. Those who applied after that date will get Social Security payments in a phased way based on the day of their birth.
How much will the Social Security Administration pay to all of its recipients in 2025?
Social Security benefits are determined by a variety of criteria, including beneficiaries’ age, job history, contributions made while employed, and the type of disability, particularly for those seeking to qualify for the SSDI program. Following program eligibility, the SSA will calculate the monthly payment based on the beneficiaries’ circumstances. However, the benefit’s value will fluctuate annually due to a rise in the cost of living adjustment (COLA), which helps beneficiaries keep up with inflation.
Since the official COLA rise will not be published until October, we’d like to share with you how much your Social Security payments would increase, assuming a 2.73% increase in monthly benefits. Nonetheless, please keep in mind that this is simply an estimate of the future Social Security check increase, as the ultimate percentage and hence payment amounts may change.
| Retirement benefits (Plus 2.73%) | Survivor benefits (Plus 2.73%) | SSDI benefits (Plus 2.73%) | SSI benefits (Plus 2.73%) |
| On average: $1,952
Age 62: $2,784 Age 67: $3,926 Age 70: $5,006 |
On average: $1,546
Individual: $1,821 2 Children: $3,753 |
On average: $1,579
Blind recipients: $2,661 Maximum payment: $3,926 |
On average: $717
Individuals: $969 Couples: $1,454 Essential person: $485 |