Cost of Living Adjustments (COLA)

[Rich Feingold]

Good news - the Social Security Administration has raised benefits by 3.6% because of a cost of living adjustment.

Some of the key numbers are:

SSI benefits for individuals have been raised from $698/month to $710/month;

Substantial Gainful Activity Threshold for non-blind individuals has been raised from $1,010/month to $1,040/month; and

The Trial Work Period amount has been raised from $720/month to $750/month.

For all the numbers, please see: http://www.ssa.gov/pressoffice/colafacts.htm.

Rich

[Scooter24]

Rich is 3.6 correct? paperwork I rcvd from SS shows 1.7 %

[Rich Feingold]

CORRECTION - 2013 COLA PERCENTAGE

You are correct Scooter24. I came online to post the correction and I saw your post; thank you.

The COLA is 1.7% for 2013. Here is a link to SSA's website where the correct percentage is stated: http://www.ssa.gov/pressoffice/pr/2013cola-pr.html.

Rich

[Mice]

Cost of Living Adjustments (COLA)

I think social security an dothe rgovt bobies need to aim at providing some cheaper and affordable health and living facilities, so that all people could avail these with ease. As a lot of people are unable to afford even very basic health and living facilities.