The beneficiaries will soon start to receive the COLA Boost For 2025. The candidates are eager to know the hike in their payments this year by the Cost of Living Adjustment. However, if you get a lower COLA as compared to the previous year, you will be getting Social Security financial boosts for sure as it has been revealed already in October, 2024.
The social security payments are set to increase by 2.5% this year, in 2025 due to the cost of living. It will be applicable for all the beneficiaries of Social Security Disability Insurance, Supplemental Security Income, and retirement benefits. The payment will be available in both online and offline modes.
COLA Boost For 2025
The Cost of Living Adjustment helps the administration in deciding the annual benefits provided to beneficiaries of Social security and Supplemental Security Income. The COLA Boosts For 2025 also impact the other ongoing government aids like Social Security Disability Insurance and the Supplemental Nutrition Assistance program.
Hence, COLA plays a very important role in modifying the Social security benefits for those who pass the eligibility criteria set by the government. If we compare the previous records with the COLA Boost for 2025, it is less than the percentage increased in the year, 2024 and 2025.
2025 COLA Increase Overview
| Authority | Social Security Administration |
| Name of Program | SSI, SSDI, and other |
| Country | USA |
| COLA Increase | 2.5% |
| SSI Payment Starts | December 31, 2024 |
| SSDI Payment Starts | January 8, 2025 |
| Category | Government Aid |
| Official Website | https://www.ssa.gov/ |
The data shows that inflation is decreasing as COLA is basically used to adjust the inflation of the country. The payments set to be distributed under COLA Boosts for 2025 will depend on the age and disability status of the citizen and these payments are only for the persons with verified disabilities.
Eligibility Requirements for COLA 2025
The government provides will distribute the COLA Boost for 2025 only to the eligible Social Security applicants to ensure the distribution of the benefits only to the needy citizens.
- The applicant must be a retiree belonging to age group of 62 years and above.
- The applicant must have hit the time to receive his/her first pension payment.
- If a candidate is dead then his/her family members under the age of 22 can receive the COLA Boost for 2025 on the behalf of the candidate.
- The surviving life partner of the dead retiree will receive only half of the COLA that the retiree would have earned.
No Need to File a Claim for COLA Boost 2025
If a candidate is eligible and meets all the criteria set by the government then he/she doesn’t need to file any kind of claim to get COLA Boost for 2025. It will be an automatic process in which the new COLA Increase for 2025 will automatically get connected to the recipient’s account.
But you have to keep in mind that Social Security beneficiaries will begin to receive higher payments in January 2025 while SSI users is already receiving the higher payments from 29th December 29, 2024.
The beneficiaries can calculate their new benefit amount by following the adjustments and by visiting their Social Security. You can get more updates on COLA Boost for 2025 on the official website of the government.
SSI Payment Schedule for 2025
If you are eligible to receive the COLA Boost in 2025 then you should be aware of some important dates in every month on which you can receive your amount:
| Month | Payout Date of COLA 2025 Boost |
|---|---|
| January | 31 December 2024 (Tuesday) |
| February | 31 January 2025 (Friday) |
| March | 28 February 2025 (Tuesday) |
| April | 1 April 2025 (Tuesday) |
| May | 1 May 2025 (Thursday) |
| June | 30 May 2025 (Friday) |
| July | 1 July 2025 (Tuesday) |
| August | 1 August 2025 (Friday) |
| September | 29 August 2025 (Friday) |
| October | 1 October 2025 (Wednesday) |
| November | 31 October 2025 (Friday) |
| December | 1 December 2025 (Monday) |
FAQs
What is the COLA Boost for 2025?
2.5%
Do I need to file a claim to receive COLA Boost for 2025?
No, if you are an eligible candidate then you will automatically be listed to get the COLA boost for 2025.
Who will receive the COLA Benefits for 2025?
The retired beneficiaries and verified disables.