Stimulus Checks 2024 For Social Security Recipients

Stimulus Checks 2024 For Social Security Recipients. A cola of 2.5% will add about $48 to the average benefits check when it arrives in january 2025. Once that information comes in, the social security administration (ssa) will be able to calculate a cola for 2024.

Beginning today, the internal revenue service (irs) will issue economic impact payments (eip) to approximately 1.4 million ssi recipients with representative payees and. Here’s who will qualify for $600 direct payments.