VA, Retirees, and SSDI Beneficiaries to Receive 2.5% COLA Increase in January 2025 Payments

VA, Retirees, and SSDI Beneficiaries to Receive 2.5% COLA Increase in January 2025 Payments

Aiexpress – In January 2025, millions of Veterans Affairs (VA) beneficiaries, retirees, and those receiving Social Security Disability Insurance (SSDI) will see their first payments of the year, which will include a 2.5% Cost-of-Living Adjustment (COLA) increase. This COLA adjustment is aimed at helping beneficiaries maintain their purchasing power in the face of rising inflation, ensuring that they receive higher payments than last year.

The new payments will be distributed according to a specific schedule based on the beneficiary’s category and date of birth, with the maximum monthly check reaching up to $5,180 for those eligible for the highest benefit. This increase offers significant financial relief, especially for those facing the pressures of higher costs in the new year.

January 2025 Payment Schedule:

  • 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% increase comes as a welcome relief to many, helping to alleviate the financial strain caused by inflation. Beneficiaries are encouraged to check the payment dates to ensure they receive their funds on time and can plan their finances accordingly.

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