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

[Marion Gwizdala]

	Substantial Gainful Activity (SGA) is the level at which Social
Security assumes you are gainfully employed. For an employee, this is your
gross pay. For someone who is self-employed, this is your gross receipts
less business expenses.

Fraternally yours,
Marion Gwizdala


 you receive before taxes

-----Original Message-----
From: Nfbf-l [mailto:nfbf-l-bounces at nfbnet.org] On Behalf Of RJ Sandefur via
Nfbf-l
Sent: Tuesday, October 28, 2014 11:34 AM
To: Sherri; NFB of Florida Internet Mailing List
Subject: Re: [Nfbf-l] Social Security Announces 1.7 Percent Benefit Increase
for2015

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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