As of December 2024, a new 2.5% cost of living adjustment (COLA) was added to Social Security benefit payments. COLA, cost of living adjustments, are increases in Social Security compensation intended to help benefit recipients maintain the value of their monthly payments against inflation. In short, COLA helps to offset…
For Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI), it is rare for these government programs to have complete program reforms or significant overhauls. For current recipients of Social Security disability benefits, the most important aspects you need to be aware of are legislative and administrative changes to…
First and foremost, don’t panic. Yes, it’s possible you were overpaid by Social Security for your disability benefits, depending on the situation. And, if you were overpaid, you have some options for rectifying the situation. Whatever you decide to do, it is important that you act quickly. Social Security Disability…
The Social Security Disability 5-Year Rule was created in 2022 to help individuals understand if they are qualified to receive Social Security Disability Insurance (SSDI). Under this rule, you must have worked and paid into Social Security through payroll taxes for at least 5 of the last 10 years before…
The Social Security Administration is implementing a new AI (artificial intelligence) system to improve the accuracy and efficiency of the automatic recording and transcription of hearings. The Hearing Recording and Transcriptions, HeaRT, system aims to support all hearing formats — in-person, telephone, and video — without having to rely on…
As of November 2025, the Social Security Administration’s reduced clawback rate (effective April 25, 2025) limits overpayment recovery from 100% to 50% for individuals receiving Social Security disability insurance (SSDI) benefits. Social Security Clawback Reduction Changes for 2025 – Key Takeaways ✓New 50% Clawback Rate: As of April 25, 2025,…
Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are two federally-funded programs that provide financial assistance to individuals experiencing hardship from a long-term disability that limits an individual’s ability to work. Funding for your Social Security disability benefit payments comes from a combination of payroll taxes and tax…
Social Security Disability Insurance (SSDI) is a federal program that gives disability benefit payments to qualified individuals who have paid into Social Security through payroll taxes and have garnered sufficient work credits to be eligible for the program. SSDI Medical Insurance – Key Takeaways ✓Primary Coverage: SSDI recipients receive Medicare…
Social Security, when referenced on its own, usually refers to retirement benefits created by our government-funded program in which a portion of the taxes you pay while working is placed into trust funds and, upon retirement, returned to you in the form of monthly payments intended to support your quality…
Most Social Security disability payment beneficiaries receive scheduled payments that are the same amount throughout the year. These payments tend to only rise with a Cost of Living Adjustment (COLA) or a change to your Social Security disability eligibility. When people talk about “extra benefits” from Social Security disability payments,…