To achieve an annual Increase in social security have to wait for the COLA. The US government will announce the COLA in mid-Octoberso we’ll have to wait a little while to see the official number. But for a particular type of SSA check recipient, some payments may see a slightly different increase.

If we have a Review of Supplemental Security Income (SSI)we could get some extra money in the next few months. This income will only be available to citizens who claim this benefit jointly with their spouse. Americans who receive this Social Security payment alone will not see an increase, at least for now.

Who will receive the social security increase in September?

This increase is only possible when applying for SSI As a spouse. In this situation, the payment could be up to $1,415, so we should take this increase into account as it can be very beneficial for our situation.

Please also remember that in order to receive the Supplementary security income Payment we must:

• You must have a disability or be over 65 years old.
• Have a low monthly income and limited resources.

Only if we meet both requirements can we receive this monthly payment, which is compatible with others Social security checks. However, we must remember that you do not necessarily need a pension check to receive this additional check.

What will Social Security’s COLA be in 2025?

It is still too early to talk about an exact number. COLA2025but the Senior Citizens League has started commenting that we could be below 3%. It’s possible the COLA could be below that number, but as usual, that depends on inflation in the third quarter of 2024.

Before the end of October we may have the exact figure for the COLA increase, but we’ll have to wait a little while to find out. So we’ll have to be patient to find out how much the Social Security checks will increase starting in January of next year.

As for the SSI increase in the next few days, the truth is that it is for a very limited scope, so not all Americans will be able to access this increase. In addition, it is an automated process, so the Social security recipients don’t have to do anything to get it.