Social Security benefits expected to increase for millions starting in April, here’s who qualifies
- The Social Security Administration will distribute the next round of payments on April 9, 2025, as reported by Newsweek.
- Payment distribution follows a staggered system based on beneficiaries' birth dates and the date they began receiving benefits.
- People born between the 1st and 10th of any month who started receiving benefits after May 1997 will receive payments on April 9.
- The maximum Social Security benefit for those retiring at age 70 in 2025 is $5,108, while retiring at 62 yields $2,831.
- Beginning in April, boosted Social Security benefit payments will be issued to those impacted by the WEP and GPO due to the Social Security Fairness Act.
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What to know about the latest Social Security cost-of-living adjustment
Average monthly Social Security benefits payments do not always stay the same. Instead, they inch up slowly over time based on what's known as a cost-of-living adjustment, or COLA.These adjustments are supposed to reflect the increased cost of living that occurs due to "inflation and rising prices in the economy," said Investopedia. However, "many weren't happy with" the COLA for 2025, which marked "the smallest increase in years," said The Motl…
Social Security benefits expected to increase for millions starting in April, here’s who qualifies
WASHINGTON -- An estimated 3.2 million Social Security beneficiaries are expected to see an increase to their monthly payment starting this month. The increase comes thanks to the Social Security Fairness Act which was signed into law in January by former President Joe Biden.
Social Security SSI payment on April 1: Check eligibility criteria and other key details
For Supplemental Security Income (SSI), April payments will be sent on April 1. Nearly 69 million Americans rely on Social Security payments, making their timely arrival essential.
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