The Social Security Administration (SSA) has started sending the first ones disability benefits on December 29 and then on January 3. The first was for SSI beneficiaries while the second was for SSDI recipients.
Then, after those payments, there will be three more for those who are involved disability benefits. SSDI recipients should brace themselves because the Social Security Administration has announced $2,720 worth of checks for some eligible beneficiaries.
Disability benefits have recently increased, as have pension benefits. So, all Americans SSDI could get 3.2% more in 2024. Getting an average of $48 extra per month is now possible.
WHO WILL RECEIVE $2,720 IN SSDI DISABILITY BENEFITS IN JANUARY 2024?
The latest COLA fact sheet from Social Security revealed that a worker with a impairmenttheir spouse and children, if all eligible, could receive an average of about $2,720 in January 2024.
Note that the amount for 2023 is $2,636. Therefore, the families of disability benefits you can get $84 extra per month. In just 12 months, that could mean a total of $1,008.
Those who save it or spend it wisely can certainly make a difference. FYI, if you have worked and paid Social Security taxes, you may qualify disability benefits.
What’s more, your spouse and children may be eligible SSDI payments on your file. Even your divorced spouse may be eligible for these monthly checks. So apply if you haven’t requested them yet.
AVERAGE AMOUNTS TO PAY AND DAYS TO PAY IN JANUARY FOR SDDI
The new mean SSDI payment for one worker with a impairment was $1,537, compared to $1,489. Note that the maximum amounts may be much higher if you receive disability benefits.
After increasing the COLA, disability benefits it could cost $3,822, compared to $3,627. If your birthday is between the 1st and 10th, you may receive your SSDI check on January 10th.
But only if you started receiving benefits from May 1997 onwards, not before. Another option is to redeem yours money on January 17. Then your date of birth should be from 11-20. The last chance in January to get SSDI is January 24, 2024
Those whose birthday is after the 20th can receive payments of up to $3,822. If you started receiving SSDI before May 1997, you must wait until February 2nd to receive your money. Beneficiaries with low incomes can apply SSI at the same time. Make sure you file as soon as possible to receive monthly checks.