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Cost of Living (COLA) Increase for 2025

  • Writer: Vicki Corr
    Vicki Corr
  • Oct 10, 2024
  • 1 min read


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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Trusted links to governmental and state websites that offer assistance and helpful information for those looking for monetary, financial, and legal help. Social Security Administration Website https:/

 
 
 

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