In January 2025, some 66-year-olds may get a check for $4,018. The highest amounts that people can get from Social Security at Full Retirement Age (FRA) have been changed by the government. This means that some retired workers will get a bigger check next year.
Due to the cost-of-living increase, or COLA, this is the new highest amount that can be earned. Even if the COLA rise in 2025 was only 2.5%, these FRA maximum amounts have gone up more.
Who will get a $4,018 Social Security check when they turn 66 in January 2025?
Just so you know, this big check will only go to American workers who have made a lot of money for more than 30 years and meet other important criteria.
This big check won’t go to Americans with average or low wages for a long time. To get $4,018 in 2025 from Social Security, you must meet all of these standards set by the agency:
- filing at Full Retirement Age in 2025 (66 years and 10 months)
- getting approval from Social Security
- having worked for a minimum of thirty-five years
- having earned the taxable maximum for at least 35 years too
- do not break SSA rules
- have jobs covered by SSA
When will I get my next Social Security payment? Checks for $4,018
The new amounts will be sent starting January 3, 2024, according to the 2025 payment plan for retirees who are at least 66 years old. You must have started getting retirement payments before May 1997 if you want to get money on January 3.
One more way to get money on January 3 is to be getting SSI payments. But this perk for people with low incomes will keep you from getting a big payment.
On January 8, 15, or 22, you will get paid again. You must have been born between January 1 and 10 (Jan. 8), January 11 and 20 (Jan. 15), or January 21 and 31 (Jan. 22) to get money on these dates. If you wait to file until you are 70, your monthly payments will go up by about 24%.
The highest benefit payment for people aged 70 will be $5,108 in 2025, up from $4,873 before the Oct. 10, 2024, COLA increase released by SSA.
