$3,089 for Senior Citizens by Social Security Due to COLA Increase

The 2025 Cost of Living Adjustment (COLA) is bringing good news for millions of Americans. For those receiving Social Security, there will be a 2.5% increase in benefits starting in January 2025. This update is especially important for older couples who are both receiving Social Security. Let’s dive into what this means for them and when they can expect to receive their payments.

COLA Increase 2025

The COLA is a yearly adjustment made by the Social Security Administration (SSA) to help keep up with the cost of living. For 2025, the SSA announced a 2.5% Increase. This boost ensures that Social Security recipients can keep pace with inflation and maintain their purchasing power.

If you’re receiving Social Security benefits, you may not see this increase until January 2025. However, the SSA will soon send out notices to inform all recipients about their new benefit amounts. These notices are expected in December, but if you want to check sooner, you can log into your Social Security account.

Average Payment for Aged Couples in 2025

For couples who are both receiving Social Security, the average monthly benefit will be about $3,089 in 2025. This is a slight increase from the estimated $3,014 average check they received in 2024 after that year’s COLA adjustment, which was 3.2%.

If you and your spouse have worked for at least ten years and earned enough work credits, you can start receiving Social Security as early as age 62. Additionally, if one spouse has not earned enough credits, they may still be eligible for spousal benefits based on the other spouse’s work record.

When Will You Receive Your 2025 Social Security Payments?

The SSA has confirmed that retirement benefit payments, including the COLA increase, will start being sent out from January 3, 2025. Here’s a breakdown of when you can expect to receive your payment based on your situation:

January 3 Payment: You may receive your benefit on this date if:

• You began receiving Social Security before May 1997
• You are also receiving Supplemental Security Income (SSI) from the federal government
• You meet all other eligibility rules and have not violated any SSA regulations

Wednesday Payments: If you don’t qualify for the January 3 payment, you may be eligible for one of the Wednesday payments. Here’s how it works:

• You began receiving Social Security before May 1997
• You are also receiving Supplemental Security Income (SSI) from the federal government
• You meet all other eligibility rules and have not violated any SSA regulations

How to Check Your 2025 Social Security Benefit Amount

The SSA will send out notices with the updated benefit amounts in December. If you prefer to check your future payment amount before then, you can log into your Social Security account. This online portal allows you to view your current and future Social Security details, including any COLA increases. It’s an easy way to stay informed and plan ahead for your finances.

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