In July 2024, people with disabilities in the U.S. will receive up to $4,000 in new stimulus checks from the Social Security Administration, with payments scheduled based on birth dates and including a 3.2% cost-of-living increase to help manage rising costs.
Upcoming $4,000 Stimulus Checks for People with Disabilities – Payment Dates and Details
According to the report of VIBUS, in July 2024, people with disabilities in the U.S. will receive new stimulus checks of up to $4,000 to help with their expenses. This is part of a program by the Social Security Administration (SSA) to assist people who are retired, have disabilities, or get Supplemental Security Income (SSI). These checks are important for paying bills, such as for housing and healthcare, especially with high living costs.
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3.2% Cost-of-Living Adjustment in July Stimulus Payments: What to Expect for 2025
This month’s payments also include a 3.2% increase to help with inflation, with a possible 2.2% increase expected for 2025. This adjustment is important to keep benefits valuable despite rising costs. The Social Security Administration’s regular updates and payments are meant to support people who rely on these benefits and help them manage their finances better.