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SSDI Beneficiaries Can Expect A Slight Cost-Of-Living Increase In 2025

By William Turley on October 17, 2024
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On October 10th, the SSA announced that SSDI beneficiaries will receive a slight cost-of-living adjustment (COLA) to their monthly benefits for 2025. This increase is crucial for helping disability recipients keep up with inflation and maintain their purchasing power as living costs continue to rise. With inflation impacting everyday expenses in recent years, this adjustment gives some much-needed financial support to those who need it. How Does The SSA Determine Cost Of Living Adjustments? Each year, the Social Security Administration (SSA) calculates COLA using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). This measurement highlights the […]

The post SSDI Beneficiaries Can Expect A Slight Cost-Of-Living Increase In 2025 appeared first on Turley Redmond & Rosasco, L.L.P..

  • Posted in:
    Administrative and Regulatory
  • Blog:
    NY Disability Law Blog
  • Organization:
    Turley, Redmond, Rosasco & Rosasco, LLP
  • Article: View Original Source

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