2024 Social Security Payment Boost: New SSI & SSDI Benefit Increases Explained
The Social Security Administration (SSA) has announced a 2.5% Cost-of-Living Adjustment (COLA) increase for 2025, which will affect both Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) beneficiaries. This article breaks down what recipients can expect from the COLA increase, when the new payments will be issued, and how to claim updated benefits. … Read more