Retirees in the United States born between the 1st and 10th of any month can expect their Social Security payment on May 14, 2025.
This payment includes the 2.5% Cost-of-Living Adjustment (COLA) that was implemented in January 2025 to help beneficiaries keep up with inflation.
Understanding the COLA Increase
The 2.5% COLA for 2025 was announced by the Social Security Administration (SSA) in October 2024. This adjustment aims to ensure that the purchasing power of Social Security and Supplemental Security Income (SSI) benefits is not eroded by inflation.
The increase is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Eligibility for May 14 Payment
To receive the May 14, 2025 payment, beneficiaries must meet the following criteria:
- Birth Date: Born between the 1st and 10th of any month.
- Benefit Start Date: Began receiving Social Security benefits after May 1997.
Beneficiaries who started receiving benefits before May 1997 or receive both Social Security and SSI typically receive their payments on the 3rd of each month.
Payment Schedule Based on Birth Dates
The SSA distributes payments based on the beneficiary’s birth date:
| Birth Date Range | Payment Date (May 2025) |
|---|---|
| 1st – 10th | May 14, 2025 |
| 11th – 20th | May 21, 2025 |
| 21st – 31st | May 28, 2025 |
This staggered schedule helps manage the distribution process efficiently.
Impact of COLA on Benefit Amounts
The 2.5% COLA increase has adjusted the average monthly benefits as follows:
- Average Retirement Benefit: Increased from $1,927 in 2024 to $1,976 in 2025.
- Maximum Benefit at Age 70: Increased from $4,873 in 2024 to $5,108 in 2025.
- Maximum Benefit at Full Retirement Age (67): Increased to $4,873 in 2025.
- Maximum Benefit at Early Retirement Age (62): Adjusted accordingly, reflecting the COLA increase.
These adjustments aim to help retirees maintain their purchasing power amidst rising living costs.
How to Verify Your Payment
Beneficiaries can verify their payment details through the my Social Security online portal. By creating or logging into their account, users can:
- View their payment history.
- Check the status of upcoming payments.
- Update personal information.
It’s advisable to regularly monitor your account to ensure all information is accurate and up-to-date.
Retirees born between the 1st and 10th of any month can expect their Social Security payment on May 14, 2025, reflecting the 2.5% COLA increase implemented in January 2025.
Staying informed about payment schedules and understanding how COLA adjustments affect your benefits can help ensure financial stability during retirement.
FAQs
What should I do if I don’t receive my payment on May 14, 2025?
If your payment is delayed, the SSA recommends waiting three additional mailing days before contacting them. If the payment hasn’t arrived after this period, reach out to the SSA directly.
Does the 2.5% COLA apply to all Social Security beneficiaries?
Yes, the COLA applies to all Social Security and SSI beneficiaries, adjusting their monthly benefits to account for inflation.
How is the COLA percentage determined each year?
The COLA is based on the annual increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), measured from the third quarter of the previous year to the third quarter of the current year.