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The quirks of the calendar continue into 2025. SSI recipients will get their February 2025 payment on Jan. 31, 2025, and their March 2025 payment on Feb. 28, 2025, according to the 2025 SSA ...
Payments are scheduled to go out on Aug. 13, 20, and 27, with Supplemental Security Income set to arrive on Aug. 1 and Aug. 29. September Payments are scheduled to go out on Sept. 10, 17, and 24.
Here's the schedule for when Social Security recipients will get their new 2025 COLA payments: Dec. 31: SSI beneficiaries will receive their new cost-of-living adjustment with this payment that ...
Key Points from 24/7 Wall St. Social Security benefits are rising 2.5% in 2025. The timing of your first higher paycheck depends on your date of birth.
Importantly, the Social Security payroll tax rate is 6.2% for the vast majority of workers. So, the maximum tax burden in 2025 is $10,918.20. That number is the product of $176,100 multiplied by 6.2%.
The real-world result of the 2.5% COLA is a higher average monthly benefit payment. The average Social Security payment changes from month to month, but in January, it’s $1,976, compared to ...
High earners will have to pay a bit more in 2025, as the first $176,100 in earnings is now subject to Social Security payroll taxes. This limit will likely continue to rise in future years.
The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.
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