SSDI recipients will soon see an increase to their benefits checks when the 2025 COLA goes into effect this January.

January's Social Security payments are worth up to $4,873 for the highest-income earners who retire at age 70.

Social Security's 2025 cost-of-living adjustment (COLA) took effect in January. Benefits will increase 2.5% this year, the smallest pay bump for seniors since 2021. Indeed, more than half of retired workers surveyed by The Motley Fool in October said the COLA was insufficient.