Social Security recipients will receive a direct payment of $967 in April 2025, which is the standard monthly benefit for eligible individuals.
The direct payment will be issued in 20 days, with April 2025 payments scheduled to arrive on the second Wednesday of the month.
Only Social Security beneficiaries who meet specific age and work history criteria are eligible for this payment, including retirees, disabled individuals, and survivors.
The payment will be made via automatic direct deposit into recipients' bank accounts, making it more convenient and faster than paper checks.
The $967 payment reflects the annual Cost-of-Living Adjustment (COLA), which is designed to help beneficiaries keep up with inflation and rising living costs.
For many low-income seniors and disabled individuals, this payment is a critical part of their monthly income, helping to cover essential living expenses.
Social Security payments are issued on a fixed schedule based on the recipient's birthday, with different groups receiving their payments at various times during the month.
While Social Security benefits are generally not taxed at the federal level, some recipients may have to pay taxes if their total income exceeds certain thresholds.