Social Security payments for January 2, 2026, will be issued to beneficiaries who started receiving benefits before May 1997, including retirement, SSDI, and survivor payments. Supplemental Security Income (SSI) beneficiaries will also receive their payments on this date. The annual Cost-of-Living Adjustment (COLA) will increase monthly payouts by 2.8%, an average of $56, beginning in January 2026. This adjustment will raise the average monthly benefit for retired workers, disabled individuals, and survivors.