In July 2013, during the San Diego Comic-Con, Jaffee was one of six inductees into the Will Eisner Hall of Fame. Jaffee, who worked for Eisner in his studio for one of his earliest jobs, was not present during the convention, and the award was accepted by "Mad" Art Director Sam Viviano, who presented it to Jaffee at a later date. The other inductees were Lee Falk, Mort Meskin, Spain Rodriguez, Joe Sinnott, and Trina Robbins. In April 2014, Jaffee was elected to the Society of Illustrators' Hall of Fame.