There is good news for people who get SSI or Social Security benefits as the year ends. The 2025 Cost-of-Living Adjustment (COLA) is one of up to five payments that beneficiaries could get between November and December. This payment plan gives you extra help to start the new year, and it can help you pay for the extra costs that come up during the holidays.
These regular payments cover important costs before the end-of-year holidays. The amount of each payment will stay the same, except for the one due on December 31, which will include the 2025 COLA increase.
What are the SSI and Social Security payments in November?
Throughout November, the Social Security Administration will send up to five payments to various beneficiary groups. Here are the key dates to keep in mind:
- November 1: This is the monthly SSI payment for November, designated for recipients of Supplemental Security Income.
- November 1: Payment for Group 2 retirees, which includes those who began receiving benefits after May 1997 and have birthdays between the 1st and 10th of the month.
- November 20: Payment for retirees in Group 3, whose birthdays fall between the 11th and 20th.
- November 27: Payment for Group 4 retirees, born between the 21st and 31st.
- November 29: An additional SSI payment, advanced due to December 1 falling on a weekend. Although technically the December payment, this advance ensures beneficiaries can access their funds without delay.
What Social Security and SSI payments come in December?
In December, each type of retiree will get their regular Social Security payments. There will also be an extra SSI payment at the end of the month that includes the 2025 COLA increase. These are the important dates:
- December 11: First payment for Group 2 retirees.
- December 18: Payment for Group 3 beneficiaries, with birthdays from the 11th to the 20th.
- December 25: Payment for Group 4 retirees, those born between the 21st and 31st.
- December 31: An additional SSI payment that includes the 2025 COLA increase.
This last annual payment is especially important because it includes the SSI COLA increase early, on December 31. This means that recipients can start using the extra money as soon as the holidays start.
How the COLA adjustment works and when it starts
COLA stands for “Cost-of-Living Adjustment.” It is based on the consumer price index and is meant to make sure that Social Security and SSI benefits keep up with the cost of living.
This change will be 2.5% in 2025, which will mean a small rise in monthly payments. The COLA is meant to make up for the effect of inflation on beneficiaries’ costs, though this year’s increase is a little less than those seen in recent years.
The SSI check on December 31 will be the first payment that shows this increase. For beneficiaries, the increase will show up in their January payments. The change will take full effect at the end of the year.
Why these additional payments are important
The end-of-year payment schedule gives recipients more financial security as they move into 2025. People who depend on Social Security and SSI to pay their bills can feel a lot better when they get up to five payments between November and December.
This set of payments makes sure that recipients have an extra source of income at the end of the year, which can help with any extra needs that may come up over the holidays or at the beginning of the new year.
With this payment plan, Social Security not only pays its monthly benefits, but it also makes sure that SSI recipients get a payment early in December. For people who depend on these benefits, this approach is helpful because it gives them more peace of mind when it comes to their year-end costs.
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