Particle.news
Download on the App Store
5 ARTICLES
·
4w ago

April Social Security Payments to Begin with 2.5% COLA Adjustment

The SSA confirms April 9 as the start date for retiree payments, while SSI recipients will receive their checks on April 1.

A sign in front of the entrance of the Security Administration's main campus on March 19, 2025 in Woodlawn, Maryland.
On April 9, the SSA will distribute payments to retirees marking the first round of payments.
The SSA will issue its next payment on Wednesday, April 9, 2025, to post-May 1997 retirees born between the 1st and 10th.
Image

Overview

  • The Social Security Administration (SSA) will issue the first round of April payments on April 9, 2025, for retirees born between the 1st and 10th of any month.
  • Supplemental Security Income (SSI) recipients will receive their April payments on April 1, 2025.
  • A 2.5% cost-of-living adjustment (COLA), implemented in January 2025, continues to boost payments to address inflation and rising costs.
  • The staggered payment schedule helps beneficiaries manage their finances, with subsequent April payments set for April 16 and April 23 based on birth dates.
  • Analysts warn the Social Security program faces potential funding shortfalls by 2034 without Congressional intervention, as demographic shifts strain resources.