United States Social Security benefits depend on many different factors and each year we may see changes in the checks that eligible beneficiaries get. In this sense, age retirement subsidies are not the same as Disability benefits, but this is not the only difference that exists about retirement checks.
If we talk about amounts, each and every citizen has his or her own individual benefit. Social Security checks are not equal for every single retiree, with some collecting $4,873 in this year 2024. But that doesn’t mean that all Americans can have even a similar amount. Yes it is true that we can reach that figure, but in 2025 we will have a different figure.
So if you check out all the changes we will have in 2025 we can see that the retirement age and the maximum Social Security checks will change depending on our goals. If we are looking to get a very large benefit each month, the payment we should get is the maximum and for that we need to pay close attention to our work history.
Changes in Social Security Payments in 2025
United States citizens who collect a Social Security check today will not collect the same amount starting in January 2025. This is because the COLA will have an effect on the benefits we will get in the coming months of next year. Without the COLA, it is true that the check would not be enough to at least effectively combat inflation.
However, we should keep the following in mind:
- The new 2025 Social Security check could increase by 2.5%.
- The new maximum total check could be $4,994 per month.
- Disability beneficiaries cannot reach that maximum check.
- The minimum retirement age remains 62, although each case is unique. Disability retirees can have their Social Security check sooner.
The maximum payment of $4,994 will be so in the event the Social Security COLA follows the provisions of The Senior Citizens League group. If all goes as they have predicted, the COLA will be 2.5%, but nothing is certain yet as to that figure. By mid-October we will know the official figure and thus calculate the payment.
How to reach the maximum Social Security check in 2025?
The truth is that if we want to get the maximum Social Security check in 2025 we have to plan our retirement well in advance. Citizens who want to get the maximum possible check should do this:
- Delay retirement age. Ideally, wait until age 70 to get the biggest check possible.
- Work for 35 years. Before applying for a monthly Social Security payment, it is necessary to work 35 years to get the largest possible payment.
- Have a good salary during your working years. Without a good salary it is impossible to have a good retirement check in the future.
Only in this way will we be able to get the biggest Social Security check in 2025, whatever that benefit will be in the next year. At the moment, we can estimate that it will be close to $4,994 per month, but this data is not official, so we are only talking about assumptions and forecasts.