Millions of Social Security beneficiaries in the United States will benefit financially as the Cost-of-Living Adjustment (COLA) takes effect in 2025. This increase, intended to help recipients keep up with inflation, increased monthly Social Security payments for retirees and people with disabilities.
For 2025, the COLA will increase by 2.5%, allowing some beneficiaries to receive significantly higher payments. Those who qualify under the Social Security Administration’s (SSA) schedule will receive their checks on Wednesday, February 26.
Who Will Receive Their Social Security Payment on February 26?
The SSA makes payments based on birth dates. Beneficiaries born between the 21st and 31st of any month will receive their Social Security checks on the fourth Wednesday of that month, which in February 2025 is Wednesday, February 26.
Payment amounts for retired workers and disability beneficiaries (SSDI) vary according to their earnings history.
- Retirees who delayed claiming benefits until age 70 can receive up to $5,108 per month.
- Retirees at full retirement age (67 years old) receive up to $4,018 per month.
- Disability beneficiaries (SSDI recipients) can receive up to $4,018 per month, depending on their earnings history.
- Early retirees (age 62) receive a maximum of $2,831 per month.
How to Ensure a Smooth Payment Process
To avoid payment delays, the Social Security Administration recommends that beneficiaries:
- Verify their banking information is up to date on the SSA website.
- Check their Social Security account to confirm the exact deposit date.
- Ensure they stay within income limits if receiving disability benefits, as exceeding those limits could impact eligibility.
With the COLA increase and scheduled payments, Social Security continues to provide critical financial support for millions of Americans. If you have any questions about your payment, please visit the Social Security Administration’s (SSA) website.
