Good news for Social Security recipients! In 2025, beneficiaries will see a 2.5% increase in their monthly payments thanks to the annual cost-of-living adjustment (COLA). This increase is aimed at helping retirees and people with disabilities keep up with inflation and rising living costs.
For those receiving Social Security Disability Insurance (SSDI), this adjustment translates to an average boost of about $38.50 per month. If you were getting $1,540 per month in 2024, your new check will be around $1,578.50 starting next year. While it’s not a huge increase, every little bit helps when covering everyday expenses.
New Earnings Limits for SSDI Recipients
Along with the payment increase, the Social Security Administration (SSA) is also raising the amount SSDI recipients can earn without affecting their benefits. Starting in 2025, most SSDI beneficiaries will be able to earn up to $1,620 per month—up from the $1,550 limit in 2024. This change allows people with disabilities to work part-time while still receiving financial assistance.
When Will the New Payments Start?
If you receive regular Social Security benefits, your new payments will begin in January 2025. However, for those on Supplemental Security Income (SSI), the first increased check will arrive on December 31, 2024.
To see exactly how much you’ll be getting, you can check your updated benefit amount by logging into your “My Social Security” account online.
What This Means for You
Although the 2.5% COLA increase is smaller compared to previous years, it ensures that Social Security payments keep up with inflation. Many retirees and SSDI recipients rely on these benefits for essential expenses like housing, groceries, and healthcare.
This small increase might not be a game-changer, but it does provide some financial relief. If you want to maximize your benefits, consider checking your eligibility for other government assistance programs that can help cover rising costs.
Stay informed and plan ahead—your Social Security check is getting a slight boost, and every dollar counts!
