United States Social Security payments, both Disability and all other monthly checks, get an annual increase thanks to the Cost of Living Adjustment (COLA). This increase goes to each and every Social Security beneficiary. This is important to know because some Americans think that these increases are not for everyone, but only for part of the inhabitants of the United States.
In this sense, the COLA increase is different for each citizen who receives a check for Disability or other reasons. Benefit payments increase by a percentage. This means that the increase is proportional for each individual citizen. If a Social Security check is very large the increase will be large while if the check is of an average amount the increase will be of an average amount.
Regardless of the type of benefit we have and the amount we collect, we will get the increase in the check. This Social Security payment, for disability, old age retirement, widowhood or other reasons, has already increased in 2024. The first beneficiaries to collect this year’s check already have the payment, but it is important to note that some have not yet collected the check with the increase, but that the increase will arrive in the next few weeks.
Who gets the Disability payment with the increase in two weeks?
The Social Security Disability benefit payment will arrive in two weeks for the last group of retirees only. This means that the rest of the beneficiaries should have the payment by then. This particular week’s check will be mailed on the 24th day of January and will be the last payment for this month, as well as the last payment with increase for the first round of mailings, since it is January.
However, it is also important to keep in mind that if we do not meet the established requirements we are not going to be able to get the payment at any time. If we have a Social Security payment, we will get the check, but the day we get it will depend on whether or not we activate a particular method as well as whether or not we meet certain conditions.
To get the payment on the last day of January with the maximum increase of $195 we must have had retirement since after 1997. Similarly, it is also necessary to have a birthday between the 21st and 31st of any month. Remember that the COLA increase is 3.2% over the 2023 check. This means that not all Americans get an extra $195, but that is the maximum compared to last year’s maximum.
All other retirees who do not meet these requirements should already have check in their pocket when the Social Security Administration sends out this Disability payment. The other payment days are January 3rd, January 10th and January 17th. On each of these days there are different requirements, but what is certain is that we will have to activate Direct Deposit if we want to have the check immediately in our pocket. If we do not do this, we will have to wait a few days to get the payment in our current account.