Millions of Retirees Will See Bigger Checks in 2025 – Here’s How Much You’ll Get

If you rely on Social Security, you’ll be seeing a modest pay bump in 2025, thanks to a 2.5% Cost-of-Living Adjustment (COLA). While it’s not a game-changer, the increase means most recipients will get $49 to $100 more per month depending on their current benefits. Let’s break down what this means for you, who qualifies, and when you can expect your payment.

How Much More Will You Get?

The COLA increase is meant to help retirees keep up with inflation, though some argue it falls short given rising food, housing, and healthcare costs.

Here’s how the 2.5% increase translates into actual numbers:

• Average Social Security payment (retired workers) → Increases by about $50, from $1,926 to $1,976.
• Maximum benefit for those retiring at full retirement age → Jumps from $3,822 to about $3,917 per month.
• SSI (Supplemental Security Income) recipients → Maximum payment rises from $943 to $967 for individuals.

The actual amount you receive depends on your earnings history, the age you started collecting benefits, and whether you qualify for additional benefits (such as spousal or disability payments).

Who Qualifies for Social Security Benefits?

To be eligible for Social Security, you need to:

1. Be at least 62 years old – This is the minimum age to start claiming retirement benefits, though claiming early reduces your monthly check.
2. Have at least 40 work credits – This generally means 10 years of working and paying into Social Security through payroll taxes.
3. Have a qualifying earnings record – The Social Security Administration (SSA) calculates your benefit based on your highest 35 years of earnings.

If you’re not sure how much you’ll get, you can check your estimated benefit by logging into your My Social Security account at ssa.gov.

Social Security Payment Dates for 2025

Social Security follows a set payment schedule based on your birth date:

• Born 1st–10th of the month → Paid on the second Wednesday of each month.
• Born 11th–20th of the month → Paid on the third Wednesday of each month.
• Born 21st–31st of the month → Paid on the fourth Wednesday of each month.

For example, in February 2025, payments will go out on:

• February 12 (for those born 1st–10th)
• February 19 (for those born 11th–20th)
• February 26 (for those born 21st–31st)

SSI payments are usually deposited on the first of the month, unless that date falls on a weekend or holiday.