Millions of Americans receiving Social Security benefits are in for a welcome financial boost this June, with payments expected to reach record levels. The reason behind this increase is the 2025 annual Cost-of-Living Adjustment (COLA), a routine update designed to help beneficiaries keep up with inflation. This year, the COLA rose by 2.5%, marking a meaningful increase for retirees, people with disabilities, and others who rely on Social Security for monthly income. While this increase is slightly lower than the 2024 COLA of 3.2%, it still contributes significantly to the overall growth in Social Security checks for 2025. What This Means for Retirees The average monthly benefit for retired workers in 2025 is now approximately $1,976, up from $1,848 last year. High earners who del...

Millions of Americans receiving Supplemental Security Income (SSI) are getting their monthly benefits a bit earlier than expected this month. The Social Security Administration (SSA) has officially confirmed that SSI payments scheduled for June 1 will be sent out on Friday, May 30, 2025, instead. This early disbursement is due to a calendar adjustment. Because June 1 falls on a Sunday, the SSA will move the payment to the last business day before the weekend, which is May 30. The agency does not issue payments on weekends or federal holidays. Who Is Getting Paid Early? The early payment specifically applies to Supplemental Security Income (SSI) recipients, a group made up of older adults, individuals with disabilities, and people with limited financial resources. SSI is a federal ...

Millions of Americans who rely on Supplemental Security Income (SSI) will receive their June 2025 payments earlier than usual, thanks to a scheduling rule set by the Social Security Administration (SSA). This means recipients will actually get two SSI payments in May — and none in June. Here’s what’s happening and how it may impact your monthly budget. Why Are SSI Checks Arriving Early? SSI benefits are typically paid on the first of every month, but when that date falls on a weekend or a federal holiday, the SSA moves the payment to the previous business day. In 2025, June 1 is a Sunday, so June’s SSI checks will instead be deposited on Friday, May 30, 2025. As a result, recipients will see two payments in May: May 1 – for May benefits May 30 – for June benefits (paid e...