Millions of VA, retiree, and SSDI beneficiaries will receive their first annual payouts in January 2025, which will include a 2.5% cost-of-living adjustment (COLA) rise. This increase is meant to assist recipients keep their purchasing power in the face of inflation, allowing them to receive larger payouts than previous year.
This month’s payment schedule specifies the dates on which each group will get their checks, based on the beneficiary’s category and date of birth. Furthermore, the maximum check with the COLA included might be as much as $5,180, offering significant financial assistance to those who are eligible for the full amount.
January 2025 Payment Schedule
The following are the payment dates for the different groups of beneficiaries:
- January 3: Payments for beneficiaries retired before May 1997.
- January 8: Payments for beneficiaries retired after May 1997 with birthdays between the 1st and 10th of any month.
- January 15: Payments for beneficiaries retired after May 1997 with birthdays between the 11th and 20th of any month.
- January 22: Payments for beneficiaries retired after May 1997 with birthdays between the 21st and 31st of any month.
This 2.5% rise will provide many people with some relief as they prepare for the new year’s costs. If you belong to any of these organizations, make sure to check the dates and prepare your finances properly.
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