[Ohio-talk] SSI Amount for 2018

[Wanda Sloan]

Thanks Ms. Lady.  This is good info.  I have info. From Josh Melburg on
Annunities.  If you want this, just let me have your personal e mail address
and I will send this to you.  Because of our system, most of us would not be
elegable , with the income requirements.
Wan

-----Original Message-----
From: Ohio-Talk [mailto:ohio-talk-bounces at nfbnet.org] On Behalf Of Suzanne
Turner via Ohio-Talk
Sent: Friday, October 13, 2017 3:19 PM
To: 'Ali Benmerzouga' <ali.benmerzouga at hotmail.com>; alexis.Tyson at IRS.GOV;
bryantealysr at yahoo.com; blindtrust36 at yahoo.com;
danielleTurner.turner3 at gmail.com; Destoni821 at gmail.com;
lrodriguez7770 at gmail.com; michaelswinney05 at gmail.com; mlf5058 at gmail.com;
Nricks123 at me.com; 'NFB of Ohio Announcement and Discussion List'
<ohio-talk at nfbnet.org>; Perry884076 at bellsouth.net; rskill2008 at bellsouth.net;
Rosajones2070 at gmail.com; JEJonesPraiseTheLord at gmail.com;
Victory71351 at aol.com; Williamsjoann at outlook.com; Wo.turner5 at sbcglobal.net;
yama1783 at Spectrum.com; yama1783 at twc.com
Cc: Suzanne Turner <smturner.234 at gmail.com>
Subject: [Ohio-talk] SSI Amount for 2018

COLA - how refreshing!  Especially when it means more money in your pocket!

 

Social Security announced the following COLA changes in a document that
didn't seem JAWS accessible, so I copied out the following for you.  For
those of you who don't know what I am talking about, it is the Cost Of
Living Adjustment that Social Security does most years.  Starting January 1,
2018, your benefits will go up 2%.  

*	To figure out how much it will increase your SSDI, multiply your
existing amount by 102%, or by 1.02 if you don't like to do percentages.  
*	SSI will be $750 per month for an individual and $1,125 for a
couple.  That's the basic amount, not counting any state supplement.  
*	Substantial Gainful Activity (SGA) will go up to $1,970 a month.
That's the amount you have to stay under if you want to keep your SSDI
benefits.
*	The Trial Work Period (TWP) amount will go up to $850 a month. If
you are on SSDI and make more than that in a given month, you will lose one
month of your nine month TWP.  
*	The Student Earned Income Exclusion, which allows students under the
age of 22 to work without losing any of their SSDI, goes up to $1,820 a
month or $7,350 a year.  (I bet most people don't know about that program.)


 

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