First Social Security payments of 2025 coming soon; what to know in NJ
The first round of paychecks for those who quality under the Supplemental Security Income (SSI) program will include a 2.5% increase due to the Cost-of-Living Adjustment (COLA), and while it's the smallest increase since 2021, CNBC reported, it'll still add a few extra bucks to the wallet.
Here's what to know about when your payments will arrive and what to expect.
Payments for the roughly 163,000 New Jersey residents who receive Supplemental Security Income will get their payments a day earlier than usual, on Jan. 31. Since Feb. 1 falls on a weekend, benefits are always paid out earlier rather than after the date expected.
It will vary based off your income, type of disability and how many people live in our household.
On average, a person getting $1,920 in monthly benefits this year can expect to see a roughly $48 increase, according to Mary Johnson, an independent analyst of the nation's Social Security and Medicare programs. The maximum monthly SSI benefit is $967 for an individual and $1,450 for a couple, compared to $943 and $1,415, respectively, in 2024.
On average, expect roughly an extra $50 more in your pocket.
If you haven't received your payment, the Social Security Administration recommends waiting three working days before contacting the government agency. Remember, weekends are not considered working days.
To find out more about your benefits under social security, make sure to create a my Social Security account through the Social Security Administration's website. More information can also be found on the Social Security fact sheet, which explains all the changes made in 2025.
Lori Comstock is a New Jersey-based journalist with the Mid-Atlantic Connect Team.
This article originally appeared on NorthJersey.com: Social Security checks expected this week; what to know in NJ
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