The United States has two types of disability compensation. One of them is for workers whose ailment has kept them from working for more than a year and fulfills the strict criteria of disability.
If you do not fulfill Social Security’s precise definition of disability, you are not eligible for either of the two payments. To get this monthly payment, SSDI, you must earn enough work credits and have a qualifying condition.
However, if your impairment has prevented you from accumulating enough work credits, you may still be eligible for SSI benefits. This is Supplemental Security Income, and both adults and children are eligible to receive it.
First Americans on disability benefits to get COLA
The Social Security Administration (SSA) claims that the COLA will arrive first for SSI recipients. In reality, they will receive a cost-of-living adjustment to their disability pension in 2024.
While SSDI recipients will receive it in January 2025. Of course, there is not a significant difference, but it is preferable to receive your disability benefit with the COLA increase as soon as feasible.
Even if the Social Security Administration announces the COLA increase on October 10, 2024, disability recipients and retirees will have to wait until it reaches their bank accounts or mail boxes.
Exact dates for the COLA increase if you get a disability benefit
SSI recipients will get the 2025 COLA rise on December 31, 2024. As a result, they will receive their payment on January 1, 2025, one day before the actual due date. When there is a federal holiday, the Social Security Administration sends money the prior working day.
Do not forget that the first SSDI claimants to receive the 2025 COLA will be those who receive their payments on the third. To be eligible for the January 3, 2025 COLA hike, they must have received disability benefits prior to May 1997.
Following this payday, disability benefits will be issued with the COLA rise on January 8, 15, and 22. So, SSDI recipients with birthdays between 21 and 31 will have to wait longer for their COLA boost.
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