Social Security Payments January 2025 Increase

Social Security Payments January 2025 Increase. The change takes effect in january 2025, though the tax rate on those wages, 6.2 percent, will. Social security retirement and disability benefits for 2025 will increase by 2.5% and about $50 a month starting in january, the government announced thursday.

The estimated average retirement benefit will increase by $49 a month, from $1,927 to $1,976, starting in january, according to the social security administration (ssa). Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase by 2.5% in 2025.