[Nfbf-l] Social Security Announces 1.7 Percent Benefit Increase for2015

Jorge Paez jorgeapaez1994 at gmail.com
Tue Oct 28 16:37:08 UTC 2014


I believe that's what you're allowed to earn per month from employment
while you're still on SSI/SSD.

On 10/28/14, RJ Sandefur via Nfbf-l <nfbf-l at nfbnet.org> wrote:
> Can someone please explaine what this means?
>
> The Substantial Gainful Activity (SGA) level for blind recipients will
> increase to $1,820 per month.
> ----- Original Message -----
> From: "Sherri via Nfbf-l" <nfbf-l at nfbnet.org>
> To: <nfbf-l at nfbnet.org>; <NFBF-Leaders at yahoogroups.com>
> Sent: Tuesday, October 28, 2014 7:55 AM
> Subject: [Nfbf-l] Social Security Announces 1.7 Percent Benefit Increase
> for2015
>
>
>> Monthly Social Security and Supplemental Security Income (SSI) benefits
>> for
>> nearly 64 million Americans will increase 1.7 percent in 2015, the Social
>> Security Administration announced today.
>>
>>
>> The 1.7 percent cost-of-living adjustment (COLA) will begin with benefits
>> that more than 58 million Social Security beneficiaries receive in
>> January
>> 2015.  Increased payments to more than 8 million SSI beneficiaries will
>> begin on December 31, 2014. The Social Security Act ties the annual COLA
>> to
>> the increase in the Consumer Price Index as determined by the Department
>> of
>> Labor's Bureau of Labor Statistics.
>>
>>
>>
>> Some other changes that take effect in January of each year are based on
>> the
>> increase in average wages.  Based on that increase, the maximum amount of
>> earnings subject to the Social Security tax (taxable maximum) will
>> increase
>> to $1,850 from $1,700.  Of the estimated 168 million workers who will pay
>> Social Security taxes in 2015, about 10 million will pay higher taxes
>> because of the increase in the taxable maximum.
>>
>>
>>
>> The Substantial Gainful Activity (SGA) level for blind recipients will
>> increase to $1,820 per month.
>>
>> Information about Medicare changes for 2015 is available at
>> www.Medicare.gov.
>>
>>
>>
>> The Social Security Act provides for how the COLA is calculated.  To read
>> more, please visit www.socialsecurity.gov/cola.
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> Sherri
>>
>> Character is the side of yourself you choose to show the world.
>> Integrity is what you do, what you say and how you act when you think no
>> one
>> is paying attention.
>> Sherri Brun
>> NFBF Newsline Chair
>> flmom2006 at gmail.com
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> Is this being raised from 100640? RJ
>
>
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>


-- 
yours in Christ,



Jorge A. Paez

LinkedIn: http://www.linkedin.com/in/jorgeapaez11994




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