Technically, the Social Security Administration will apply the 2025 COLA to your December 2024 payment. But since you receive Social Security checks in the month after the month they're due, you won't get your first payment with the COLA until January 2025. The exact date depends on the day of the month you were born, as follows:

The official Social Security COLA announcement for 2025 is coming very soon. We'll tell you when and how much you can expect in your checks next year.

Powell explains that the next CPI update will be a key indicator of the 2025 Social Security COLA. “The next CPI report come