Millions of Social Security beneficiaries are set to receive their January 2025 payments soon, with those born between the 11th and 20th of the month scheduled for January 15. Thanks to a 2.5% cost-of-living adjustment (COLA), payments will be higher this year, offering critical financial support. Here’s the full breakdown of the payment schedule, new COLA rates, and what to do if your check is delayed.
January 2025 Social Security Payment Schedule
The Social Security Administration (SSA) sends payments on specific Wednesdays based on your birth date:
- January 8, 2025: For those born between the 1st and 10th.
- January 15, 2025: For those born between the 11th and 20th.
- January 22, 2025: For those born between the 21st and 31st.
Supplemental Security Income (SSI) recipients follow a different schedule. Due to the January 1 holiday, SSI payments were sent earlier, on December 31, 2024.
What’s New in 2025?
This year’s Social Security payments include a 2.5% cost-of-living adjustment (COLA) to combat inflation. The average monthly payment for retirees has increased to $1,917, while couples receiving benefits together will see around $3,042 per month.
How to Check Your Payment
- Direct Deposit: Payments are automatically sent to your bank account. Confirm your deposit on your scheduled payment date.
- Paper Checks: If you receive paper checks, allow extra time for delivery, especially during the holidays.
- Online Account: Log in to your mySocialSecurity account to verify payment details.
What to Do If Your Payment Is Late
- Wait three business days past your payment date.
- Call the SSA at 1-800-772-1213 for help.
- Check that your direct deposit or mailing address information is correct.
Why It Matters
Social Security payments are a lifeline for millions of Americans. Understanding the schedule, knowing when to expect your funds, and staying informed about updates like the COLA increase can make managing your finances easier.
Mark your calendar for your designated payment date, and keep an eye on your account to ensure you receive your boosted benefits!
