Retirees and SSDI recipients share paydays if they meet the same requirements Social Security set for them. On average, retirees receive about $1,927 in December 2024. However, all retirement benefit payments will increase by 2.5% thanks to the Cost-of-Living Adjustment. The COLA boost will take effect in January 2025 for retirees and SSDI recipients alike.
So, after the COLA boost retirees will receive a Social Security check worth about $1,976 on average. On the other hand, SSDI recipients will get about $1,580, up from $1,542.
Social Security payment schedule for SSDI
If you are on Social Security Disability Insurance, you could receive your monthly payment on January 3, 2025. This will be possible if you are a Supplemental Security Income recipient while you get SSDI.
Besides, this payday will be for those who have been receiving benefits for over 27 years. That is since before May 1997. Those who do not qualify for the January 3 payment may receive it on:
- January 8, January 15, or January 22 if:
- born from
- 1-10
- 11-20
- 21-31
Social Security payment schedule for retirement
Retirees will also receive Social Security checks or direct deposits on January 3, 8, 15, or 22. The rules as the same as the ones mentioned above. However, the maximum benefit payments will be much higher for retirees.
For example, those who file at 70 can receive up to $5,108 in 2025. Filing for SSDI at this age is not possible because a disability prevents you from working before the Full Retirement Age in most cases.
SSDI recipients can get up to $4,018 in 2025. This will be the largest benefit for retirees at Full Retirement Age too. Those who file for retirement at 62 can get up to $2,831. Currently, the largest benefits are worth up to $2,710 at 62, $3,822 at FRA or up to $4,873 at 70.