Will Social Security Disability Benefits Increase in 2025?
The Social Security Administration (SSA) announced in October 2022 that Social Security Disability Insurance (SSDI) benefits would increase by 8.7% in 2023. This is the largest cost-of-living adjustment (COLA) in 40 years and will affect approximately 8 million SSDI beneficiaries. The increase is due to the rising cost of living, as measured by the Consumer Price Index for… Read More »