SSDI stands for Disability Insurance through Social Security. As a result, it is a government program that helps people with disabilities that meet certain criteria.
There are certain things that you need to do in order to get these monthly funds from SSA. Also, people who are eligible will get the COLA raise in 2025. This change in the cost of living will help recipients keep the same amount of money they can spend.
You should know that SSDI recipients usually get paid four times a month. You can only get one of them, though. Like, on January 3, January 8, January 15, and January 22, you will get paid. When you apply for and get approved for Supplemental Security Income and your birthday are two times when you might get one or the other.
When will the 2025 COLA increase will take place for SSDI recipients?
The 2025 COLA raise won’t happen for people who get SSDI until they get their January payment. As you may have seen above, the payouts will happen between January 3 and January 22, 2025. To get the COLA increase, you must also be getting Supplemental Security Income. SSI recipients will get it on December 31, 2024.
As you may know, January 1 is a Federal Holiday, so the Social Security Administration cannot send SSI on that day. There will be no business on New Year’s Day besides banks and SSA offices. The Agency had to change the date of the January 1 payment and send it one day early.
You just need to wait for your January payment to get the 2025 COLA raise. There’s no need to seek it out. You’ll get paid on January 3 if you:
- Are receiving SSDI and SSI (both monthly payments simultaneously)
- Began collecting Social Security Disability Insurance before May 1997
If you started getting Social Security after May 1997 and were born between January 1 and January 10, your payment will be January 8. The same thing will happen to people born between January 11 and January 20. They will get it on January 15. If you were born after January 20, your 2025 COLA pay will be sent to you on January 22.
Who will be eligible for SSDI payments in 2025?
You may be able to get Social Security Disability Insurance for as long as you are qualified. After that, their attention will immediately shift to retirement benefits. If you want to get Social Security Disability Insurance, you must have a disability that meets their strict description.
You also had to work and get enough work points. You won’t be able to get Social Security if your job wasn’t covered by it and you didn’t pay taxes to the government. To sum up:
- Have a disability
- It meets SSA’s definition
- Have enough work credits
- Paid enough payroll taxes
- Applied for SSDI
How much will SSDI benefits increase after the 2025 COLA increase?
All Disability Insurance payouts will go up by 2.5%, according to the Social Security Administration. For someone who makes $100 a month, that’s about $2.50.
This means that if your payment is $100, you will get $102.5 after the 2025 COLA rise. In 2025, people who get SSDI and get a $1,000 monthly payment will get $1,025 instead.
One SSDI payment is worth $1,539 as of September 2024. It could be worth $1,577 after the 2025 COLA raise if it stayed the same until December.
This boost will only cost 38 dollars a month. A person who gets Disability Insurance and gets $1,539 a year in 2024 will get $456 more a year. That’s why it’s much better than a cut or no rise at all.
Always remember that if you worked hard for 35 years and made a lot of money, you could get up to $4,018 in 2025. This is what SSDI will get the most of in 2025, up from $3,822 in 2024.
People who receive Social Security benefits and have low incomes may also be able to get Supplemental Security Income. Use them to get help if you can’t pay your bills.
Also See:- Total change in Social Security as of this date – Write down everything you need to know, retiree
