How much today's wealthiest beneficiaries will get next yearIn 2025, the maximum Social Security benefit is $5,108 per month, or about $61,296 per year. You also have to delay your Social Security application until you turn 70. What to do once the government announces the COLAThe Social Security Administration will announce the official 2026 COLA on the morning of Oct. 15, 2025. Take a look at your average monthly expenses and subtract an amount equal to your Social Security checks and your income from your job, if you're still working. The Social Security Administration should send you a personalized COLA notice in December giving your exact benefit amount.