Some estimates of the new cost of living adjustment (COLA) for 2025 were made public not long ago. It’s true that the COLA will go up, and it will affect all levels of payments for survivors, people getting SSDI, and people getting SSI.
Because the COLA increase affects how much retirement, SSDI, and SSI payments will go up next year, beneficiaries need to stay up to date on the news and plan their budgets appropriately.
The cost of living increase is important for all Americans, but it’s especially important for disabled people who get SSDI benefits. Without these monthly payments, they wouldn’t be able to pay their bills and avoid having money problems at the end of the month.
How much will SSDI benefits increase in 2025, according to the official announcement?
People with disabilities are especially aware of this annual change because they are supposed to be able to handle rising prices because of the annual COLA rise. Some people say that the monthly increase in the COLA, which has been as high as 8.7% in the last few years, is not enough to keep up with inflation.
In the past few months, financial experts and neutral groups like the Senior Citizens League have put out a number of COLA predictions. When predictions first came out, they often included percentages above 3%, which is even higher than this year’s 3.4% COLA increase. But as time went on, these hopes tended to drop in line with inflation.
A recent prediction said that the COLA rise for 2025 would be about 2.57 percent in August. However, as of September, that number had dropped to 2.55 percent. The FED chose to lower interest rates, which hasn’t been done in a while.
This came at the same time as lower inflation. Because of this, the COLA rise for today is likely to stay at or be less than 2.5%. It’s important for beneficiaries to know that they will still get their annual rise, which will start in January 2025.
Millions of Americans, especially retirees who have recently been worried that their monthly benefits won’t be enough to cover their bills and medical costs, may not think much of the 2.5% COLA raise, but it will definitely help them keep their purchasing power.
The Bureau of Labour Statistics has finally announced the new cost of living adjustment (COLA) for 2025. It will be set at 2.5%, which is good news for many disabled people who have been waiting for this day to come.
This official COLA rise for 2025 is in line with what people in the US were expecting based on recent predictions. People who are eligible for Social Security Disability Insurance (SSDI) or SSDI benefits will get the following amounts of money based on this stated percentage:
| Disability benefits | Social Security checks | 2.5% COLA increase | Extra income |
| On average | $1,537 | $1,575 | $38 |
| Blind recipients | $2,590 | $2,655 | $65 |
| Maximum payment | $3,822 | $3,918 | $96 |
The 2025 Social Security payment schedule says that these SSDI benefits won’t be given out until January 3, 2025. That’s when disabled people who applied for benefits before May 1997 will get their first cheque for the year that is higher than the previous one.
Once that payment is made, the Social Security Administration will continue to pay disabled people every second (January 8th), third (January 15th), and fourth (January 22nd) Wednesday of the month.
Don’t forget that recipients won’t see this yearly rise in their pay until January 2025, after today’s approval. Because of this, the later payments for the rest of the year will not include this rise. Also, remember that you can always check your My Social Security Account for more information about your Social Security payment amounts.
This is where you can view and download your financial statements, request Social Security cards, and do other things that have to do with Social Security.