Cost of Living (COLA) Increase for 2025

This morning, October 10, 2024, the Social Security Administration announced a 2.5% COLA increase for 2025.

Also, the maximum SSI payments for an individual will rise to $967.00 a month.

Maximum monthly income (SGA) will rise to $1,620.00 a month.  If you make more than $1,620.00 a month pre-tax, you do not financially qualify for Social Security disability benefits.  

Maximum monthly income after being approved for SSD will rise to $1,160.00 before a Trial Work Period is triggered.