In 2025, many people in the United States will see an increase in their Social Security payments thanks to the 2.5% Cost-of-Living Adjustment (COLA). These adjustments help retirees and other recipients keep up with inflation.
The Social Security Administration (SSA) will soon send letters to recipients about their new payment amounts, but you can also check the updated figures on your “my Social Security” account.
What is the 2025 COLA?
COLA Explained
The Cost-of-Living Adjustment (COLA) is an annual increase in Social Security benefits to match inflation. For 2025, the COLA is set at 2.5%, which is slightly lower than the 3.2% increase in 2024.
How it Affects Retired Couples
Couples aged 65 and older who both receive Social Security benefits will see their average monthly payment rise to $3,089 in 2025, compared to $3,014 in 2024.
When Will You Get Your 2025 Social Security Payment?
The SSA schedules payments based on when you began receiving benefits and your birthdate.
- January 3: For recipients who started benefits before May 1997 or are also receiving Supplemental Security Income (SSI).
- January 8, 15, or 22: Based on your birthdate. Payments are sent as follows:
- January 8: Born on the 1st-10th.
- January 15: Born on the 11th-20th.
- January 22: Born on the 21st-31st.
Eligibility for Social Security and COLA
- Retirement Age: You can start receiving Social Security as early as age 62.
- Work Credits: To qualify, you and your spouse must have worked at least ten years and earned enough work credits.
- Spousal Benefits: A spouse may receive benefits based on their partner’s work record.
How to Check Your New Social Security Payment
- Letters from the SSA: Retirees will receive letters in December 2024 detailing their 2025 payments.
- Online Access: Use your “my Social Security” account to view updated payment amounts before receiving the letter.
The 2025 COLA increase ensures that Social Security recipients continue to receive support that keeps pace with inflation.
By checking your payment schedule and understanding your eligibility, you can stay informed about your benefits. This adjustment highlights the importance of Social Security in supporting retirees and their families.
1. What is the COLA for 2025?
The COLA for 2025 is a 2.5% increase in Social Security benefits.
2. When will I receive my updated Social Security payment?
Payments begin on January 3, 2025, depending on your birthdate and eligibility.
3. How much will retired couples receive on average in 2025?
Retired couples aged 65+ receiving Social Security will average $3,089 per month in 2025.
4. Can I check my updated payment amount before January?
Yes, you can view your updated payment on your “my Social Security” account in December.
5. Who qualifies for spousal benefits?
Spouses may qualify if their partner has worked at least ten years and earned sufficient work credits.
