Those born between the 1st and 10th of any date will be paid on the first wednesday of the month. The SSA pays those with birthdays between the 11th and 20th second wednesday, and all the remaining beneficiaries on the third wednesday of the month.

With a little more than a month before the 2025 COLA kicks in, here's what you should know about the upcoming adjustment.

Social Security's annual cost-of-living adjustments (COLAs) are calculated based on how inflation changes in the third quarter, the three-month period from July through September. In this scenario, inflation is measured using a subset of the Consumer Price Index (CPI) known as the CPI-W.

Over 70 million Americans will see a 2.5% boost in Social Security benefits next year. Here's how to qualify for the maximum payout of $5,108.

A 2.5% cost-of-living adjustment increase will mean an extra $50 a month for most Social Security and SSI recipients.

Last month, the Social Security Administration announced that beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in 2025. That revelation disappointed many Social Security recipients. In fact, a recent survey conducted by The Motley Fool found that 54% of retired workers believe the 2025 COLA is insufficient.