The new Social Security check for disability beneficiaries is coming: millions of people are waiting for it

The Social Security Administration has already commented on the COLA (cost-of-living adjustment) increase for beneficiaries in the United States. All Americans who receive a Social Security check, regardless of the type of benefit, are entitled to this increase.

To qualify for the COLA, the first requirement is to have a Social Security benefit. The mere fact that you have an active benefit makes it clear to you what your payment increase will be next year.

There are different types of Social Security benefits, which vary depending on the type of beneficiary. The good news is that whether you receive a disability benefit or a retirement benefit, the monthly increase is always the same for everyone.

Especially for Americans who use disability retirement checks solely as income, this increase, even if it’s only a few dollars more, is always welcome. So, have you found out when your next Social Security check will be and what the new increased amount will be?

S f you stay informed, you’ll make sure you’re taking full advantage of the benefits available to you, ensuring a little more financial stability and comfort in your daily life.

WHAT WILL THE 2024 COLA INCREASE IN SOCIAL SECURITY DISABILITY BE?

As we have already discussed, the Social Security check increase will be 3.2% for next year 2024. Regardless of the type of benefit, the increase will be the same. Therefore, we just have to calculate what our check will be from this percentage.

While it is true that the increase is not as large as 2023, any increase is always cause for joy and celebration. At the end of the day, the goal of the COLA is not to increase the wealth of retirees, but rather that they do not lose purchasing power.

In the case of disability benefits, the current maximum check granted by Social Security is $3,627 per month. This will bring the check to $3,743 as of January 2024. The increase is only about $116 at most, but it is enough to at least partially offset inflation.

The rest of the beneficiaries, even if they do not have a disability check, will also receive an increase. Similarly, Social Security Supplemental Security Income recipients will see this COLA 2024 starting with the first payments next year.

WHAT INFORMATION DO I NEED TO PROVIDE TO APPLY FOR A SOCIAL SECURITY DISABILITY PAYMENT?

Before you apply, make sure you are ready to provide information about yourself, your health status and your work history. We recommend that you print and review the Adult Disability Checklist, as it will make it easier for you to gather the details needed to complete the application.

Personal Information:

– Your date and place of birth, as well as your Social Security number.
– The name, Social Security number, date of birth or age of your current spouse and any previous spouses. In addition, you should be aware of the dates and places of marriage, as well as the dates of divorce or death if applicable.
– Names and dates of birth of your children under the age of 18.
– The transit routing number of your bank or other financial institution, along with the account number.

Medical information:

– Name, address and phone number of a contact person who is familiar with your medical conditions and can help with the application.
– Specific details about your illnesses, injuries or medical conditions, including:
– Names, addresses, telephone numbers, patient identification numbers and treatment dates of all physicians, hospitals and clinics.
– Names of medications, dosages and prescribing practitioners.
– Names and dates of medical tests performed, as well as who ordered them.

Work history:

– Last year’s and current year’s income.
– Name and address of your employer(s) this year and last year.
– Start and end dates of any active U.S. military service prior to 1968.
– A list of up to five jobs you held in the 15 years prior to the time you were unable to work, with the dates you worked at those jobs.

Work Benefits Information:

Details about any workers’ compensation benefits you have applied for or intend to apply for, including whether they are temporary or permanent, annuities or lump sum payments you have gotten in the past. These benefits may come from your employer, your employer’s insurance carrier, private agencies, federal agencies, state agencies, or other governmental or public entities.

These benefits may be called:

– Workers’ compensation.
– Black lung benefits.
– Longshore and Harbor Workers’ Compensation.
– Civil Service Retirement (Disability).
– Federal Employees’ Retirement.
– Federal Employees’ Compensation.
– State or local government disability insurance benefits.
– Military disability benefits, including military retirement pensions based on disability, but excluding Veterans Administration (VA) benefits.