Many Americans who get Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) are looking forward to the COLA raise in 2025.
When your income is low and you need to make a budget, you need to know what to do. The 10th of October is when the U.S. Bureau of Labor Statistics releases the CPI-W for September and Social Security announces the raise. This is when the 2025 COLA increase will be made public.
COLA increase 2025 projection for SSI and SSDI
The most recent COLA estimate for 2025 is only 2.5%. Since February 2024, this number has been going up and down. Plans have been made by the Senior Citizens League every month.
Remember that they were right about the last COLA raise, so you can trust them to tell you about the upcoming rise in Social Security, SSDI, and SSI payments. Check out how the forecast changed from February to September:
- Cost of living projection as of February 1.75%
- Cost of living projection as of April 2.6%
- Cost of living projection as of May 2.6%
- Cost of living projection as of June 2.57%
- Cost of living projection as of July 2.63%
- Cost of living projection as of August 2.57%
- Cost of living projection as of September 2.5%
COLA increase 2025 possible amounts for SSI and SSDI
The final 2025 COLA number will determine how much your Supplemental Security Income or Social Security Disability Insurance payment is. The next cost of living increase could be less than 3% but more than 2%, so you can get a sense of what it might be like.
Your benefits might go up by 2.5% if the new prediction from the Senior Citizens League is the same as the one from last year. That means you will get $966 if you are eligible for the biggest SSI payment for people. If the cost of living went up by 2.5%, married couples who are eligible could get up to $1,450.
The average salary for people on SSDI is $1,539 a month, so they could get about $1,577. It is possible for SSDI payouts to go up. So, if you get $2,000, your payment might be $2,050 after the raise.
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