The Social Security Administration (SSA) sends out millions of benefit payments each month, helping retirees, survivors, and disabled individuals. These payments offer financial support to those who paid into the Social Security system during their working years. In 2025, recipients will notice slightly higher checks due to the Cost of Living Adjustment (COLA).
If you are wondering whether your payment will arrive on Wednesday, Jan. 15, here’s a simple breakdown of how the SSA’s payment schedule works and what you can expect this year.
Who Gets Paid on Jan. 15?
Social Security retirement payments are usually distributed on Wednesdays, depending on your date of birth:
- If you were born between the 1st and 10th of the month, your payment arrives on the second Wednesday.
- If you were born between the 11th and 20th, you will get your check on the third Wednesday.
- If your birthday falls between the 21st and 31st, your payment comes on the fourth Wednesday.
Since Wednesday, Jan. 15, is the third Wednesday of the month, those born between the 11th and 20th will receive their Social Security payment on that date.
However, if you started receiving benefits before May 1997, you are on a different schedule. Your payments always arrive on the third day of the month, no matter when your birthday is.
How Much Will You Get?
Thanks to the 2.5% COLA increase in 2025, payments have gone up slightly to keep pace with inflation. The average payment for a retiree is now $1,976 per month, compared to last year’s average of $1,927.
Here’s a look at average monthly benefits in 2025:
- All retired workers: $1,927 to $1,976
- Elderly couples (both receiving benefits): $3,014 to $3,089
- Widowed parent with two children: $3,669 to $3,761
- Elderly widow(er): $1,788 to $1,832
- Disabled worker with a spouse and children: $2,757 to $2,826
- All disabled workers: $1,542 to $1,580
What Are the Maximum Monthly Benefits?
Social Security sets a limit on how much retirees can receive each month based on their age when they begin collecting benefits:
- At age 62: Maximum monthly benefit starts at $2,831
- At age 65: Maximum benefit rises to $3,374
- At age 66: You could receive up to $3,795
- At age 67: Payments could reach $4,043
- At age 70 or older: The highest possible benefit is $5,108
Why Did Payments Increase?
The COLA adjustment is designed to help beneficiaries keep up with rising prices. It’s a tool that adjusts Social Security payments to match inflation, protecting retirees and others from losing purchasing power.
Summary
If your birthday falls between the 11th and 20th of the month, you’ll receive your Social Security check on Wednesday, Jan. 15, 2025. This year’s payments are slightly higher, thanks to the 2.5% COLA increase. For more information about your benefits, visit the official Social Security Administration (SSA) website.
(Source : en.as.com)
