COLA
Disability Payment Update: Will You See the 2025 COLA Before the Holidays?
Anjali Tamta
Social Security beneficiaries will see a 2.5% COLA increase in 2025. SSI recipients receive their payments early on December 31, 2024, while SSDI recipients will see the boost in January 2025. Learn how these changes affect you and tips to maximize your benefits.
2024 COLA Boost Explained: Say Goodbye to SSI Payments in January 2025!
Anjali Tamta
The 2025 COLA increases benefits by 2.5%, raising average monthly Social Security payments to $1,976. SSI recipients will receive their January 2025 payment early, on December 31, 2024, due to the New Year’s Day holiday. Plan ahead to manage the longer gap until February.