It’s official: Social Security is officially announcing a new benefit schedule with increases for January 2025.

Social Security Administration (SSA) is preparing to begin paying out new Social Security benefits to retirees, survivors, disabled workers and Supplemental Security Income (SSI) recipients as 2025 approaches. Beneficiaries need to understand the Social Security benefit schedule so they can confidently manage their finances and pay for their daily expenses. Learn more about the monthly payments beneficiaries will receive in January, as well as confirmed payment dates if you are eligible for pension, survivors, disability, or Supplemental Security Income (SSI) benefits.

The US federal agency is responsible for delivering five sets of payments each month. The first two sets are sent to the beneficiaries Retirement, Survivor, and Disability Insurance (RSDI) and Supplemental Security Income (SSI) programs on the first and third days of the month. The U.S. federal agency will later send three additional rounds of payments on the second, third and fourth Wednesdays of the month based on each RSDI beneficiary’s date of birth. As a result, millions of Americans can enjoy their retirement years, maintain their purchasing power and, in certain situations, stay below the poverty line thanks to these monthly payments.

How much money will beneficiaries receive in 2025?

Social Security payments depend on many factors, including the age of the eligible beneficiary, his work experience, the amount of Social Security he paid during his years of work, and the type of disability he has. especially for those who are eligible for SSDI. Once beneficiaries become eligible for the program, and depending on their specific circumstances, SSA will calculate their monthly payment amount. However, beneficiaries need to be aware that this amount will change each year due to increases in the cost of living adjustment (COLA), which is provided to help beneficiaries keep up with inflation. How Bureau of Labor Statistics confirmed an increase of 2.5 percent, beneficiaries will receive the following payment amounts starting in January 2025:

New official social security payment schedule with increases for January 2025

According to the social security schedule, SSI Beneficiaries do not receive benefits on January 1st because it is a federal holiday, so they receive their Social Security checks early on Tuesday, December 31st. However, the Social Security Administration will move the payment to Friday, January 31st because it falls on the first of February. on the weekend. This means that while SSI beneficiaries will not receive their regular benefits in January, they will receive an early payment from the February payments.

In addition to this slight change to the regular schedule, retirees, survivors, and disabled workers will receive their regular payments on the third day of the month for those who filed for benefits before May 1997, and for those who filed for their first benefit after this date will receive their regular payments on the third day of the month. receive monthly payments depending on the date of birth. For more information on all upcoming payment dates, please review the information below or official payment schedule for 2025.