In the United States, each new year, through the Cost of Living Adjustment (COLA) we find that Social Security checks increase for all beneficiaries. This causes the maximum retirement checks to change completely. Thus, if before the maximum payment we could get from Social Security was $4,874, that figure no longer exists as a cap on benefits.
The same is true for Social Security Disability, widowhood or even SSI payments. Each type of benefit will have a new maximum check in 2025, which will mean that some Americans will be able to enjoy a good amount starting in January of next year. Mind you, all beneficiaries, whether they have a maximum check or not, will be able to enjoy this new increase.
The idea behind all this is always the same: to fight against annual inflation. Thanks to the COLA, we will be able to have a little extra money so that inflation will not be too noticeable. While it is true that the increase in Social Security benefits through the COLA is not as high as inflation, any help is always welcome.
What will the maximum Social Security check be in 2025?
Depending on which category we fall into, monthly benefits will either reach a new figure or it will be a different figure. In this sense, just by taking a look at the maximum benefits we will be able to know all the information.
Thus, the new maximum checks we will have in 2025 in the different Social Security categories are:
- Disability. 4,018 dollars per month.
- Full Retirement. 4,018 dollars per month.
- Retirement at age 70. 5,180 dollars per month.
The remaining Social Security retirement benefits will depend on a variety of factors, so they may change a bit from 2024. What is certain is that each and every retiree in the United States will enjoy this benefit increase directly.
What will the maximum SSI be in 2025?
With all of the above in mind we should also know that the Supplemental Security Income (SSI) payment will increase to enjoy an extra payment in this coming year 2025. The payment will reach $967 per month. This means that those Americans with such a benefit who have a maximum check will be able to get almost $1,000 per month.
We should also note that those Americans who do not get a maximum SSI in 2025 will also get the COLA increase. All Social Security SSI payments will be able to have this increase, which will be 2.5% in 2025.
And best of all, we don’t have to do anything in order to get this monthly increase. Just having the payment accepted is already enough to be able to have such a payment every month, so we just have to wait to get a new Social Security payment in 2025 with the COLA included.