In the whole United States, 2025 will bring important changes to Social Security payments, benefiting millions of Americans who depend on this resource. Beginning January 1, the Social Security Administration (SSA) will implement three significant changes that will affect beneficiaries’ payments for SSI, SSDI, and Age Retirement.
These changes are intended to maintain the purchasing power of beneficiaries by adjusting their payments to the rising cost of living. The following are the three most important increases that will take effect next year. Anyway, the most significant news of all is that we will be able to get a little extra money in the coming year, so we are actually talking about an increase in our benefit.
The three big changes in Social Security payments for 2025.
Beginning January 1, 2025, Social Security beneficiaries will experience an increase in their payments due to the COLA 2025 adjustment . These increases are crucial to cover cost-of-living increases and ensure that beneficiaries do not see their purchasing power undermined. Here are the three most important changes:
- SSI (Supplemental Security Income) payment increase.
The maximum payment for SSI recipients will increase to $967 per month for individuals and $1,450 for couples. This increase will provide financial relief for those who rely on this program to meet their basic needs. - Increase in SSDI (Social Security Disability Insurance) payment.
SSDI beneficiaries will see a significant increase in their payments, with the maximum amount reaching $4,018 per month. This increase is a necessary adjustment for those who are unable to work due to a disability and rely on this source of income. - Increase in age-based retirement payments.
Age-based retirees will also experience an increase, with the maximum check reaching $4,018 per month. This increase is especially important for those who have worked for years and now rely on their retirement as their primary source of income.
With these increases, the Social Security Administration seeks to alleviate the effects of inflation on beneficiaries and ensure that their payments maintain real value in a more challenging economic environment. In any case, remember that the first of the payments with the 2025 COLA increase will not arrive in 2025, but in 2024. Due to a calendar irregularity, next year’s January SSI will be sent at the end of December of this current year.
How to apply for a COLA change?
The 2025 COLA adjustment is automatically applied to all beneficiaries who are enrolled in the Social Security system, so you do not need to make a separate application to get the increase. However, if you need to update your personal information or any other details related to your payments, such as changing your name or address, it is important to do so through the Social Security Administration’s online platform .
For those who have additional questions about the impact of the COLA on their benefit, you can check your Social Security online account or contact the SSA for specific details on how the adjustment will affect your monthly payment.
If you have not received your check with the COLA increase automatically, it is advisable to verify that all of your information is up to date and that there are no problems with your account. If there are any discrepancies, it is critical to address them quickly to avoid payment delays.