In January 2025, millions of VA, retirees and SSDI beneficiaries will receive their first payments of the year, which will include a 2.5% cost-of-living adjustment (COLA) increase. This increase is intended to help beneficiaries maintain their purchasing power in the face of inflation, allowing them to receive higher payments compared to last year.
This month’s payment schedule details the specific dates on which each group will receive their check, based on the beneficiary’s category and date of birth. In addition, the maximum check with the COLA included can be as high as $5,180, providing significant financial relief to those who qualify for the maximum benefit.
January 2025 Payment Schedule
The following are the payment dates for the different groups of beneficiaries:
- January 3: Payments for beneficiaries retired before May 1997.
- January 8: Payments for beneficiaries retired after May 1997 with birthdays between the 1st and 10th of any month.
- January 15: Payments for beneficiaries retired after May 1997 with birthdays between the 11th and 20th of any month.
- January 22: Payments for beneficiaries retired after May 1997 with birthdays between the 21st and 31st of any month.
This 2.5% increase will allow many beneficiaries to face the expenses of the new year with a little more peace of mind. If you are part of any of these groups, be sure to check the dates to plan your finances accordingly.