In 2025, the COLA is going to raise the amount Social Security retirement and disability recipients receive monthly. The announcement from the Social Security Administration was said to have been published in October of this year. It comes as a 2.5% increase. A boost for everyone, but not all the same amount, according to all … Read more
Just sent the last SSDI payment on October 23, 2024. Millions of Social Security recipients, however, already have their next disability insurance or SSI direct deposit or check prepared. The average payments for SSI are about $698 and for SSDI, about $1,539, according to the Social Security Administration. Recipients have varying levels of payment based … Read more
The conclusion of disability benefits in September does not apply to SSDI recipients. Nonetheless, people receiving Supplemental Security Income will have to wait until the following month to get funds from the federal government. SSDI checks and direct payments will be disbursed on September 25, the penultimate payday of the month. To achieve it requires … Read more