Social Security Monthly Payments 2024 In. The 2025 cola adjustment will raise the total average benefit to $1,976 per month. Beginning in january 2024, more than 72.5 million beneficiaries will receive an additional 2.5% cola increase.
The maximum monthly social security disability insurance (ssdi) benefit payment increased by $195 to be $3,822 for eligible individuals in 2024. The new cola will go into effect in january for most social security.