Cost of Living Adjustments (COLA) are changes that the US government makes to Social Security checks at the start of each new year. This Cost of Living Adjustment (COLA) directly fights price inflation, since senior Americans might have trouble paying their bills if it was not used.
Since the end goal is not to lose buying power, it makes sense that people in the US enjoy this extra money every year. With that said, the Cost of Living Adjustment (COLA) raise does not just affect Social Security retirement checks. It also affects other checks, like Supplemental Security Income.
We can get the 2025 Cost of Living Adjustment (COLA) early because of this extra check. The Social Security Administration will send out the first 2025 COLA payment early because of this. If you qualify, all you have to do is wait, and you will get the check without any trouble.
When does the first Social Security of 2025 arrive with the COLA?
The January Supplemental Security Income is the first payment that will be made by Social Security after the Cost of Living Adjustment (COLA) is added in 2025.
What is wrong is that these perks almost always come on the first of the month. If the first of the month falls on a holiday or weekend, the payment is made on the working day before.
And that is exactly what will happen in January 2025. They will send the January 2025 Supplemental Security Income check on December 31, 2024, instead of January 1, 2025, because January 1 is a holiday.
The 2025 Cost of Living Adjustment (COLA) will also be part of that amount, even though it is 2024.
Not $943, but that amount + the 2025 Cost of Living Adjustment (COLA) will be the largest payment today.
Still do not have a firm date on when the maximum amount will be, but the 2025 COLA looks like it will be 2.5%, so you should add that to your normal SSI check and any other Social Security payments you get.
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