The 2025 COLA figure announcement will be unveiled on October 10, 2024. That is exactly one day before the October 9 SSDI payment for disability recipients in the United States who are eligible.
Bear in mind that only one group of SSDI recipients will get money from Social Security on October 9. Some received it back on the third, but others will have to wait for over 1 or even 2 weeks.
SSDI payment on October 9
Disability recipients whose birthdays are from the 1st to the 10th will receive their money on October 9, 2024. Some people may receive their monthly payment on October 16 instead.
However, there are other recipients who may qualify for the last Social Security payment in October. The last check or direct deposit has been scheduled for October 23, 2024.
- Disability Insurance direct payment on October 9: born from 1-10
- Disability Insurance direct payment on October 16: born from 11-20
- Disability Insurance direct payment on October 23: born from 21-31
SSDI maximum and average direct payments in October 2024
The largest SSDI payment for disability recipients will be $3,822 in 2024. So, this will also be the maximum amount in October. Nevertheless, only a very small percentage of Social Security Disability Insurance recipients qualify for such a huge payment.
A disability may appear at an early stage in your life. Therefore, it can prevent you from working for the minimum number of years required. So, it can affect your payment amount.
If you pay close attention to the average payments, as of August 2024, they are $1,539 on average. So disability recipients get much lower payments than the maximum amount for SSDI in 2024.
If you have a disability that is expected to last for over a year and it meets SSA’s strict definition of disability, you may qualify for a monthly payment. Make sure you have paid enough payroll taxes so far. Check your Statement to have an idea of what your payment amount could be like.