Are all seniors getting $500 in August?

No, not all seniors are getting a flat $500 in August; rather, some U.S. Social Security recipients, particularly those with birthdays in certain ranges or who also receive SSI, received additional or adjusted payments in August 2025 (and other months) due to holiday scheduling or specific benefit rules, with the actual amounts varying, while some Canadians received one-time payments in past years. The idea of a universal $500 payment isn't standard; recent news reflects routine payment adjustments or specific federal programs, not a general giveaway.

Is Social Security giving out extra money to seniors?

Yes, seniors are getting extra money from Social Security through the annual Cost-of-Living Adjustment (COLA), with a 2.8% increase for 2026, meaning average retirement checks will rise by about $56 monthly starting January 2026, to help keep up with rising living costs. This COLA affects all beneficiaries, including those receiving disability, survivor, and Supplemental Security Income (SSI), with SSI recipients seeing their increase in December 2025. 

Is Social Security giving out two checks in August?

Recipients will also get two checks in August (none in September), October (none in November) and December (none in January 2026). SSI checks will be sent out on the following dates remaining in 2025, according to the SSA calendar: Friday, Aug. 1, 2025 (Check for August 2025)

Are seniors getting more money in 2025?

Yes, seniors are getting extra money in 2025 through a 2.5% Cost-of-Living Adjustment (COLA) for Social Security starting January 2025, meaning about a $49 average monthly increase, plus potentially a new $6,000 tax deduction for seniors aged 65+ on their 2025 tax returns, depending on income. Supplemental Security Income (SSI) also increased, and new tax breaks offer significant savings, but rising Medicare premiums will offset some gains. 

Are Social Security checks going to be more this month?

Yes, Social Security benefits are increasing this month (January 2026) by 2.8%, which is the annual Cost-of-Living Adjustment (COLA), adding about $56 to the average retiree's monthly payment to keep pace with inflation. This increase started with payments received in January 2026, and Supplemental Security Income (SSI) payments for January were issued in late December 2025 with the same boost. 

August 28th CPP & OAS Payout Confirmed – What Seniors Need to Know

Who gets two Social Security checks this month?

You'd get two Social Security checks in one month if you receive Supplemental Security Income (SSI) and the first of the next month falls on a weekend or holiday, causing January's payment to be issued in late December, as happened in December 2025 for January 2026 benefits. Otherwise, it's usually people getting concurrent benefits (SSI + Social Security), or receiving back pay, not two regular monthly checks for the same month. 

Who qualifies for an extra $144 added to their Social Security?

You qualify for an extra ~$144 on your Social Security check if you have a Medicare Advantage (Part C) plan with a "Part B Giveback" benefit, which refunds some or all of your Medicare Part B premium, appearing as extra cash in your check, but eligibility depends on living in the plan's service area and paying your own Part B premiums. The "144" figure was common when the Part B premium was around that amount, but the actual refund varies by plan and location, potentially exceeding the full premium. 

Will Social Security for seniors increase in 2025?

The dollar amount increase to checks will vary depending on a person's benefit amount, but the average Social Security Retirement benefit, $2,008.31 in July 2025, will grow by about $56.

Are seniors getting more money soon?

Cost-of-Living Adjustment (COLA) Information for 2026

Social Security and Supplemental Security Income (SSI) benefits for 75 million Americans will increase 2.8 percent in 2026.

Are seniors getting $300?

CRA Confirms New $300 Seniors Support Payment: Direct Deposit Set for 1 January 2026. CRA Confirms New Seniors Support Payment – The Canada Revenue Agency (CRA) has introduced a new $300 seniors support payment scheduled for direct deposit on 1 January 2026, offering timely financial relief at the start of the new year ...

Why are Americans getting a $4800 check today?

Americans are set to receive a Social Security check worth up to $4,800 today, but not all seniors are happy about the increase in monthly payments. Social Security benefits grew by 3.2 percent this year, in accordance with this year's calculated cost of living adjustment (COLA).

Who gets Social Security payments this week on August 27?

Social Security recipients born between the 21st and 31st of the month will receive their payments on Aug. 27.

Are seniors receiving extra money in 2025?

Yes, seniors are receiving extra money in 2025, primarily through a 2.8% Social Security Cost-of-Living Adjustment (COLA) for benefits starting January 2026 (based on late 2025 announcements) and a new, temporary $6,000 senior tax deduction (for 2025-2028 tax years) on federal returns, providing significant tax savings. The Social Security increase averages around $56 monthly, while the tax deduction adds to existing senior standard deductions, potentially reducing taxable income substantially. 

How do I know if I'm getting a stimulus check?

Visit the IRS Get My Payment (GMP) portal at https://www.irs.gov/coronavirus/get-my-payment to see if you can expect a 2021 Economic Impact Payment. The GMP portal will provide the date when your payment was or will be sent.

Why am I getting an extra deposit from Social Security?

An overpayment is when you receive more money than you should have from us. Overpayments occur because of missing or wrong information. This can happen if you don't tell us about changes in your life, like your ability to work, where you live, your marital status, or your income.

Are retirees on Social Security getting a stimulus check?

You can typically get monthly Retirement benefits starting at age 62 if you've worked and paid Social Security taxes for 10 years or more. In most cases, you can apply while still working.

Is there going to be another stimulus check for senior citizens?

Since November 2023, false rumors have spread online about a fourth stimulus check for seniors. There currently is no new stimulus check on the way; the IRS is only issuing payments to people who did not receive the full amount they were eligible for with previous stimulus checks.

Will seniors get an increase in 2025?

For the January to March 2025 period, there won't be an increase, as the CPI showed a small dip over the last three months. But don't worry—over the past year, benefits have still grown by 2.0%, helping seniors keep pace with rising living costs.

Is Social Security giving seniors extra money?

Yes, Social Security is giving seniors extra money through the annual Cost-of-Living Adjustment (COLA), with a 2.8% increase for 2026, starting with January 2026 payments, adding about $56 monthly to average retirement benefits to help keep up with rising prices. This adjustment applies to Social Security (OASDI) and Supplemental Security Income (SSI) for millions of Americans. 

How much is COLA for 2026 Social Security increase?

The official Social Security Cost-of-Living Adjustment (COLA) for 2026 is 2.8%, announced by the Social Security Administration (SSA) in October 2025, leading to an average increase of about $56 per month for retirees starting January 2026, affecting 75 million beneficiaries**. This rate, based on the Consumer Price Index for Urban Wage Earners (CPI-W) from Q3 2024 to Q3 2025, provides a boost from the prior year but is lower than the pandemic-era highs, with some recipients still feeling the pinch from rising costs. 

What is the highest Social Security check anyone can get?

The maximum Social Security benefit varies by retirement age, with the highest possible monthly amount in 2026 being around $5,181 if you wait until age 70, while claiming at Full Retirement Age (FRA) yields about $4,152, and claiming at age 62 results in approximately $2,969. To get the maximum, you must have earned the taxable maximum for at least 35 years, had significant earnings above the annual wage base ($184,500 in 2026), and delayed claiming benefits past your FRA. 

Does everyone pay $170 for Medicare Part B?

Costs for Part B (Medical Insurance)

$185 each month ($202.90 in 2026) (or higher depending on your income). The amount can change each year. You'll pay the premium each month, even if you don't get any Part B-covered services.

What to do when Social Security is not enough to live on?

When Social Security isn't enough, supplement your income by exploring other government programs like SSI, SNAP, and Medicaid, working part-time, using retirement savings (401k, IRA), considering annuities for guaranteed income, delaying benefits to increase payments, and seeking help from non-profits like the National Council on Aging (NCOA) BenefitsCheckUp tool. 

How to get $3000 a month in Social Security?

To get $3,000 a month from Social Security, you generally need a high lifetime income, averaging around $9,000+ monthly over your best 35 years, and ideally wait until at least your full retirement age (FRA), or even age 70, for maximum benefits, as claiming early reduces payments significantly; increasing high-earning years by working longer or in higher-paying jobs are the main strategies to reach this goal.