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.
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