Approximately 70.6 million people receiving Social Security benefits are anticipating a smaller cost-of-living adjustment (COLA) for 2025 compared to recent years. Analysts predict a 2.5% COLA increase for 2025, a sharp contrast to the 3.2% increase in 2024 and the notable 8.7% rise in 2023, which was driven by historically high inflation. As inflation moderates, … Read more
Social Security Disability Insurance (SSDI) recipients should stay alert for their upcoming payments in October. The payment dates depend on the recipient’s birth date, with most payments scheduled for October 9, 16, and 23. This variation can be confusing, especially for those who did not receive their check on October 3. Additionally, the 2025 Cost … Read more
November is bringing some good news for certain Social Security recipients! If you receive both Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) or retirement benefits, you might notice an earlier-than-expected boost in your account this month. Instead of receiving payments on separate dates, both benefits will arrive on November 1, 2024, making … Read more