Soon, SSDI payouts will be changed. In 2025, the Social Security Administration (SSA) released the COLA number for people who get disabled benefits. October 10 was the day that SSA said there would only be a 2.5% raise.
The average COLA over the last ten years has been 2.6%, so this 2.5% is a little less than that. But people who get SSDI will get an extra 38 dollars a month if they are eligible for an average payment worth 1,539 dollars.
Who will receive $456 extra from SSDI in 12 months?
People who already get a $1,539 Disability Insurance payment will get an extra $38 a month. They will add up to a $456 boost in just one year, which will be needed to deal with rising prices and inflation.
Some people who get Social Security Disability Insurance will get more money if they are qualified for a payment that is higher than the norm. Still, some people may get even less money if their payment is low.
For example, if your SSDI check is only $80.00, you will get about $820 after the COLA boost. That adds up to about $20 more. The person who is eligible for a $3,000 monthly payment could get an extra $3,075 after the COLA.
When will SSDI recipients get the 2.5% COLA increase?
The Social Security Administration has stated that on January 3, 2025, the first SSDI payment with the COLA increase will be made. That’s why there won’t be any raises in 2024.
Remember that people who get SSI will get the 2.5% increase on December 31, 2024. The only reason for this is that January 1, 2025, is a Federal Holiday. If you are getting both SSDI and SSI at the same time, you will get SSI first.
The COLA raise will be added to other Social Security Disability Insurance payments that will be sent to disability recipients on January 8, 15, and 22. People who get SSDI and will get money on January 1 are:
- Those on Disability Insurance before May 1997, or
- Those who are also receiving Supplemental Security Income payments (SSI benefits)
