Every year, Social Security and Supplemental Security Income (SSI) recipients get an increase known as the Cost-of-Living Adjustment (COLA), which helps them keep up with inflation. As the Cost of Living Adjustment of 2.5% is announced, there will be several effects of COLA On SSI Payments in 2025.
A COLA raises an individual’s Social Security retirement benefit by roughly the product of the benefit amount and the cost of living adjustment. However, the precise calculation is more intricate. The “primary insurance amount,” or PIA, is the foundation for every Social Security payout.
On 5th November, the US election result will be announced, and a new president, either Harris or Trump, will be elected.
SSI Benefit Eligibility Criteria 2025
Below is the SSI Benefit Eligibility Criteria 2025:
- A person with a disability, who is blind, is a survivor, and is aged or at least 65 years old.
- Revenue possess a meager salary from jobs, pensions, or other sources
- Possess restricted resources, including cash in bank accounts or automobiles.
- You should be a national or citizen of the United States or a noncitizen who satisfies specific criteria.
- Choose to live in one of the Northern Mariana Islands, the District of Columbia, or one of the fifty states.
- Serve as an active member of the US armed forces at this time or be a veteran with an honorable discharge.
How To Claim SSI Payment After COLA Increase 2025
There are various methods to Claim SSI Payment After COLA Increase 2025. Some of them are mentioned below:
Reach out to the official website of the Social Security Administration (https://www.ssa.gov/disability) to submit your application. After you get there, fill in the basic information, including your name, DOB, Social Security Number, mailing address, phone number, and email address.
Call the customer support phone number of SSI to make an appointment.
Use the telephone method to make an appointment at your local Social Security office.
