[NFBofSC] FW: [Chapter-Presidents] You are invited to come and learn about Social Security Work Incentives And More!
Steve Cook
cookcafe at sc.rr.com
Tue Jan 12 00:03:32 UTC 2021
Click here to access the membership form for the National Federation of the
Blind of SC <http://nfbofsc.org/?p=1985>
Steve Cook
District 2 State Board Member of the National Federation of the Blind of SC
President of the Columbia chapter of the National Federation of the Blind of
SC
1st Vice President of the Computer Science & Technology Division of the
National Federation of the Blind of SC
The National Federation of the Blind of SC owns and operates Rocky Bottom
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Bottom and to make a reservation for a mountain retreat!
Rocky Bottom Retreat <http://rockybottomofsc.com/> & Conference Center
Please join the National Federation of the Blind of SC on Face Book at any
of the below links!
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<https://m.facebook.com/NatFedofSouthCarolina/>
Computer Science
<https://m.facebook.com/Computer-Science-Technology-Division-of-the-NFB-of-S
C-343263089815304/> & Technology Division of the National Federation of the
Blind of SC
Rocky Bottom Retreat <https://m.facebook.com/RockyBottomofSC/> & Conference
Center
South Carolina Association of Blind Students
South Carolina Parents of Blind Children
<https://m.facebook.com/groups/375092969314880?_rdr>
The National Federation of the Blind welcomes all blind people, parents of
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From: Chapter-Presidents <chapter-presidents-bounces at nfbnet.org> On Behalf
Of Suzanne Turner, NFBOH Cleveland Chapter via Chapter-Presidents
Sent: Friday, January 8, 2021 11:43 PM
To: 'Chapter Presidents Mailing List' <chapter-presidents at nfbnet.org>
Cc: smturner.234 at gmail.com
Subject: [Chapter-Presidents] You are invited to come and learn about Social
Security Work Incentives And More!
Members and Friends,
On January 11, 2021 at 5:00 PM EDT. The Ohio Affiliate will host a zoom call
educating members on three key social benefits, The Social Security Cost Of
Living Increase, Social Security Work Incentives and the Personal Care
Assistance Program.
Please share the information with anyone to whom you think will benefit from
learning about these programs.
If you are currently working, seeking employment or interested in work, than
this vital information is for you.
Also, I have inserted below for your review, the Social Security Fact Sheet
on the Cost Of Living Adjustment amounts for 2020 and 2021 at the bottom of
this email.
The top number in the fact sheet displays the 2020 adjustment and the bottom
is the upcoming 2021 adjustment amounts. If you have questions, please email
me at SMTurner.234 at gmail.com <mailto:SMTurner.234 at gmail.com> .
Our speakers will be Brandon Smith, who is the Public Affairs Specialist at
the Social Security Administration and Katie Scheetz, who is the Program
Specialist for PCA Program & Deaf Services at the Bureau of Services for the
Visually Impaired (BSVI).
These professionals are quite knowledgeable and will take your questions.
So, set this valuable meeting in your calendar.
Even though, these experts are in Ohio, the Social Security information is
applicable nationwide.
///
Cost Of Living Adjustment: COLA facts2021
Social Security logo
2021 SOCIAL SECURITY CHANGES
Cost-of-Living Adjustment (COLA):
Based on the increase in the Consumer Price Index (CPI-W) from the third
quarter of 2019 through the third quarter of 2020, Social Security and
Supplemental Security Income (SSI) beneficiaries will receive a 1.3 percent
COLA for 2021. Other important 2021 Social Security information is as
follows:
table with 3 columns and 3 rows
Tax Rate
2020
2021
Employee
7.65%
7.65%
Self-Employed
15.30%
15.30%
table end
NOTE: The 7.65% tax rate is the combined rate for Social Security and
Medicare. The Social Security portion (OASDI) is 6.20% on earnings up to the
applicable
taxable maximum amount (see below). The Medicare portion (HI) is 1.45% on
all earnings. Also, as of January 2013, individuals with earned income of
more
than $200,000 ($250,000 for married couples filing jointly) pay an
additional 0.9 percent in Medicare taxes. The tax rates shown above do not
include the
0.9 percent.
table with 4 columns and 9 rows
2020
2021
Maximum Taxable Earnings
Social Security (OASDI only)
$137,700
$142,800
Maximum Taxable Earnings
Medicare (HI only)
No Limit
Quarter of Coverage
$1,410
$1,470
Retirement Earnings Test Exempt Amounts
Under full retirement age
$18,240/yr. ($1,520/mo.)
$18,960/yr. ($1,580/mo.)
Retirement Earnings Test Exempt Amounts
NOTE: One dollar in benefits will be withheld for every $2 in earnings above
the limit.
Retirement Earnings Test Exempt Amounts
The year an individual reaches full retirement age
$48,600/yr. ($4,050/mo.)
$50,520/yr. ($4,210/mo.)
Retirement Earnings Test Exempt Amounts
NOTE: Applies only to earnings for months prior to attaining full retirement
age. One dollar in benefits will be withheld for every $3 in earnings above
the limit.
Retirement Earnings Test Exempt Amounts
Beginning the month an individual attains full retirement age
None
table end
table with 5 columns and 18 rows
2020
2021
Social Security Disability Thresholds
Substantial Gainful Activity (SGA)
Non-Blind
$1,260/mo.
$1,310/mo.
Social Security Disability Thresholds Substantial Gainful Activity (SGA)
Blind
$2,110/mo.
$2,190/mo.
Social Security Disability Thresholds Substantial Gainful Activity (SGA)
Trial Work Period (TWP)
$ 910/mo.
$ 940/mo.
Social Security Disability Thresholds
Maximum Social Security Benefit: Worker Retiring at Full Retirement Age
$3,011/mo.
$3,148/mo.
SSI Federal Payment Standard
Individual
$ 783/mo.
$ 794/mo.
SSI Federal Payment Standard
Couple
$1,175/mo.
$1,191/mo.
SSI Resource Limits
Individual
$2,000
$2,000
SSI Resource Limits
Couple
$3,000
$3,000
SSI Student Exclusion
Monthly limit
$1,900
$1,930
SSI Student Exclusion
Annual limit
$7,670
$7,770
Estimated Average Monthly Social Security Benefits Payable in January 2021
Before 1.3% COLA
After 1.3% COLA
Estimated Average Monthly Social Security Benefits Payable in January 2021
All Retired Workers
$1,523
$1,543
Estimated Average Monthly Social Security Benefits Payable in January 2021
Aged Couple, Both Receiving Benefits
$2,563
$2,596
Estimated Average Monthly Social Security Benefits Payable in January 2021
Widowed Mother and Two Children
$2,962
$3,001
Estimated Average Monthly Social Security Benefits Payable in January 2021
Aged Widow(er) Alone
$1,434
$1,453
Estimated Average Monthly Social Security Benefits Payable in January 2021
Disabled Worker, Spouse and One or More Children
$2,195
$2,224
Estimated Average Monthly Social Security Benefits Payable in January 2021
All Disabled Workers
$1,261
$1,277
table end
Join Zoom Meeting
<https://zoom.us/j/4081850851> https://zoom.us/j/4081850851 <
<https://zoom.us/j/4081850851> https://zoom.us/j/4081850851> One tap mobile
+16468769923,,4081850851#
+1 646 876 9923
Meeting ID: 408 185 0851
Suzanne Turner, Ohio Affiliate Vice President
(216) 990-6199
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