A new round of Social Security payments will begin on Wednesday, April 9, 2025, with the 2.5% Cost-of-Living Adjustment (COLA) increase that took effect in January continuing to benefit retirees.
This increase is aimed at helping beneficiaries cope with inflation and the rising costs of essential goods and services. The first group to receive this increased payment will be those who were born between the 1st and 10th of any month and started collecting benefits at age 62.
When Are April’s Social Security Payments Being Sent?
The Social Security Administration (SSA) follows a payment schedule based on birth dates. Here are the key disbursement dates for April 2025:
- April 9: For those born between the 1st and 10th
- April 16: For those born between the 11th and 20th
- April 23: For those born between the 21st and 31st
If you qualify for the April 9 payment, there is no additional action needed. The payment, which includes the 2025 COLA increase, will be deposited directly into your account, following the standard SSA process.
What Are the Monthly Social Security Benefits in 2025?
Here are some key figures from the SSA regarding monthly benefits in 2025:
- The maximum monthly benefit for someone who retired at age 62 is $2,831.
- For those who delayed retirement until age 70, the maximum monthly benefit is $5,108.
- Payments are automatically adjusted for COLA based on current regulations.
By choosing to delay retirement past the full retirement age of 67, individuals can receive significantly larger monthly payments, which is an option for those looking to maximize long-term benefits.
Additional Social Security Changes in 2025
In addition to the COLA increase, several other changes are active in 2025:
- The taxable earnings cap has risen to $176,100, which affects workers still paying into Social Security.
- Adjustments to the full retirement age are gradually rolling out, impacting the eligibility timeline for future retirees.
These changes reflect efforts by the U.S. government to modernize the Social Security program and ensure its sustainability as demographics and economic conditions evolve.