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Important days for the increase in Social Security checks
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Important days for the increase in Social Security checks

Yearly Social security audits Thanks to the Cost of Living Adjustment (COLA), we are getting a raise and in 2025 we will see that raise as usual. However, it is true that every citizen is getting a corresponding raise. That is, there is not an equal dollar increase for everyone.

Depending on the amount we currently collect in 2024, there may be a higher or lower increase. And not only that, we also need to carefully check the dates when we will know what the Increase will take place in 2025 and when this new benefit increase will come into effect.

Undoubtedly, SSocial security audits can be very helpful for citizens, but inflation means that the US government has to increase these checks. Therefore, the COLA allows retirees to cope with this inflation.

Important days for social security increases in 2025

As we have already discussed, there are two key days to get everything under control related to our Social Security increase in 2025. The first is the day we announce the final COLA 2025. The second day is when the COLA directly impacts benefits.

Therefore, we need to pay attention to the following:

  1. The Day of the 2025 COLA Announcement for Social Security: Even though there is no exact date yet, it is certain that the US government announces in mid-October how high the benefit increase will be for the following year.
  2. The date the 2025 COLA will be applied to pension checks: This will happen sooner than it seems. While the payments with the increase are due in 2025, the first of those payments will not be made until 2024. The reason for this is quite simple: The first payment with the additional COLA will be Supplemental Security Income and the January payment will be made early on December 31st.

So, assuming that the general predictions 2.5% more social benefits, We could be looking at a maximum retirement check of just under $5,000. This only applies to the maximum checks, as the rest only need to add 2.5% to the payment they are currently receiving to get the final amount.

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