Tag Archives: disability

What's New in COLA for 2025 Disability?

The term “COLA for 2025 disability” refers to the Cost-of-Living Adjustment (COLA) for Social Security disability benefits scheduled to take effect in 2025. COLA is an annual adjustment to Social Security benefits intended to keep pace with inflation and ensure that beneficiaries can maintain their standard of living. The COLA for 2025 will be based on the increase… Read More »

Will Social Security Disability Increase in 2025?

Social Security Disability Insurance (SSDI) provides financial assistance to individuals who are unable to work due to a disability. The program is funded by payroll taxes, and the amount of benefits that an individual receives is based on their earnings history. In 2023, the average monthly benefit for SSDI recipients was $1,543. The cost of living has been… Read More »