Social Security Just Announced New SSDI Payouts – Who’s Getting More Money?

Millions of Social Security Disability Insurance (SSDI) recipients will see a boost in their payments starting January 2025. Thanks to a 2.5% Cost-of-Living Adjustment (COLA), individuals receiving SSDI will get a little extra to help with rising expenses. For many beneficiaries, this means additional payments of $431 or $508 depending on eligibility. The Social Security…