{"id":263,"date":"2024-12-15T15:30:08","date_gmt":"2024-12-15T20:30:08","guid":{"rendered":"https:\/\/futbolete.com\/us\/?p=263"},"modified":"2024-12-15T15:30:08","modified_gmt":"2024-12-15T20:30:08","slug":"u-s-retirees-to-get-50-extra-on-average-on-this-date-claimed-social-security","status":"publish","type":"post","link":"https:\/\/futbolete.com\/us\/u-s-retirees-to-get-50-extra-on-average-on-this-date-claimed-social-security\/","title":{"rendered":"U.S. retirees to get $50 extra on average on this date claimed Social Security"},"content":{"rendered":"<p>Receiving <strong>$50 extra<\/strong> per month on average will be possible from <strong>January 3, 2025<\/strong>. This is when millions of United States retirees will get their <strong>Social Security<\/strong> <strong>COLA increase<\/strong>. To receive 50 dollars after the 2025 COLA boost you must qualify for a check or direct deposit worth $2,000. On average, <strong>retirees receive $1,927<\/strong> which will provide you with a jump of <strong>49 bucks<\/strong>.<\/p>\n<p>On October 10, 2024, the Social Security Administration claimed that eligible beneficiaries will receive about $50 extra thanks to the 2.5% COLA increase for 2025. If compared to the boost that took place in 2024, <strong>this increase will be 0.7% lower.<\/strong> Even if it is a small difference, millions of recipients will not get so much extra money as in 2024, 2023, or 2022.<\/p>\n<h2>Social Security payments with the $50 extra in January 2025<\/h2>\n<p>To receive the $50 extra, apart from being an eligible Social Security recipient and getting a monthly payment of about $2,000 in 2024, you must meet other <strong>essential requirements<\/strong> to get it on one payday or another one.<\/p>\n<p>For example, to get <strong>Social Security benefits on January 3<\/strong>, you must either:<\/p>\n<ul>\n<li>be receiving SSI (Supplemental Security Income) simultaneously<\/li>\n<li>or have begun receiving Social Security before May 1997<\/li>\n<\/ul>\n<p>If you are eligible for the January 3 payment, there are<strong> 3 more paydays<\/strong> in January 2025. Take for example the following payment dates on <strong>January 8, 15, or 22<\/strong>.<\/p>\n<h2>Social Security COLA increase on January 8, 15 or 22<\/h2>\n<p>If you are receiving retirement benefits in 2024, but do not qualify for a check or direct deposit on January 3, you need to take into account the <strong>date you were born.<\/strong><\/p>\n<p>Those retirees whose birthdays are from 1-10 will get their monthly payment with COLA on January 8. If it is from 11-20, on the 15th. The last payday with the new COLA will be on <strong>January 22, 2025, if born after the 20th.<\/strong><\/p>\n<p>For your information, if you get a Social Security check worth $500, your boost will be about $12.5. If it is worth $1,000, it will be $1,025. However, if your payment is worth <strong>$4,000<\/strong>, you will get up to <strong>$100 extra in January<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Receiving $50 extra per month on average will be possible from January 3, 2025. This is when millions of United States retirees will get their Social Security COLA increase. To &#8230; <a title=\"U.S. retirees to get $50 extra on average on this date claimed Social Security\" class=\"read-more\" href=\"https:\/\/futbolete.com\/us\/u-s-retirees-to-get-50-extra-on-average-on-this-date-claimed-social-security\/\" aria-label=\"Read more about U.S. retirees to get $50 extra on average on this date claimed Social Security\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[37],"class_list":["post-263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-social-security"],"_links":{"self":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/comments?post=263"}],"version-history":[{"count":0,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media\/265"}],"wp:attachment":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media?parent=263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/categories?post=263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/tags?post=263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}