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Increased and Inflation-Adjusted Social Security Lump Sum Death Payments

This bill increases the one-time Social Security payment provided upon the death of an insured individual. The current fixed amount will be raised to $2,900 to better assist families with funeral expenses. Crucially, starting in 2026, this payment will be automatically indexed to inflation, ensuring its real value is maintained over time.
Key points
The Social Security Lump Sum Death Payment is increased to $2,900.
The new payment amount applies to individuals who die on or after January 1, 2025.
Starting in 2026, the payment will be automatically adjusted annually based on the Consumer Price Index for inflation.
The change aims to provide greater financial support to surviving family members during a difficult time.
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Additional Information
Print number: 118_S_5178
Sponsor: Sen. Welch, Peter [D-VT]
Process start date: 2024-09-25