Even though it is only January, people who depend on SSDI payments from the Social Security Disability Insurance (SSDI) program are already looking forward to the dates when they will receive their funds in January so they can pay for necessary costs, especially those related to the Christmas holidays and the upcoming “January slope.”
You can see these dates on the public calendar that the Social Security Administration (SSA) has put out. Most of the time, the payments are spread out, and this time will be no different. Aside from these dates, beneficiaries also need to know about the staggered plan for resource distribution, which is based on the person’s date of birth.
The SSA is ready to deliver new SSDI payments as the new year has begin
On these dates in the first month of 2025, SSDI payments will start coming in. American disabled people will get their Social Security benefits on the following dates, according to the new year’s payment schedule:
- January 8th (2nd Wednesday of the month): if your birthday falls between the 1st and 10th.
- January 15th (3rd Wednesday): if you were born between the 11th and the 20th
- January 22nd (4th Wednesday): for those born between the 21st and the 31st
Remember that the SSA says you should wait three business days before filing a claim if your payment does not arrive by the due date. Keep an eye on your bank account to make sure the deposit went through, but also call your bank to make sure nothing is wrong on your end. If so, you can get more information from the Social Security office in your area.
How much extra money will disabled people earn with new SSDI payments?
Millions of people will start getting higher SSDI payments on January 3rd. This is because of the new cost of living adjustment (COLA) increase, which was announced on October 10th. Over 72 million people will get extra money every year because of this increase.
This will help them keep up with inflation and have enough money to pay their monthly bills. Disability recipients who have met all the requirements set by the Social Security Administration will receive the following amounts if they have met all the requirements in the past:
SSDI payments | Social Security checks | 2.5% COLA increase | Extra income |
On average | $1,537 | $1,575 | $38 |
Blind recipients | $2,590 | $2,655 | $65 |
Maximum payment | $3,822 | $3,918 | $96 |
Along with SSDI payments, the federal agency will also give more benefits to retired workers, survivors, and people who get Supplemental Security Income (SSI) because of the 2.5% increase in the cost of living. Here is a list of all the confirmed payments they will get starting in the first week of January.
Retirement benefits | Social Security checks | 2.5% COLA increase | Extra income |
On average | $1,900 | $1,948 | $48 |
Age 62 | $2,710 | $2,778 | $68 |
Age 67 | $3,822 | $3,918 | $96 |
Age 70 | $4,873 | $4,995 | $122 |
Survivor benefits | Social Security checks | 2.5% COLA increase | Extra income |
On average | $1,505 | $1,543 | $38 |
Individual | $1,773 | $1,817 | $44 |
2 Children | $3,653 | $3,744 | $91 |
The risk of becoming disabled increases with age
At age 50, a person is more than twice as likely as at age 40 to be able to get SSDI payments. At age 60, their chances are even higher than they were at age 50. This shows the rising number of health problems that make people unable to do things as they get older.
There are several things at play. One is getting diseases like dementia or stroke, which happen more often as people get older. Another type is diseases that get worse over time, like ALS or multiple sclerosis.
Last but not least, as people get older, their bodies just get worse, especially if they work jobs that are hard on their bodies, which can lead to more crippling musculoskeletal disorders or injuries.
Read Also :- It’s official now – $1797 direct payment to Visa and Mastercard users for this reason