In December Congress passed, and President Biden signed, the Social Security Fairness Act, which will raise Social Security benefits for nearly 3 million Americans. The new law repeals the Windfall Elimination Provision Offset and the Government Pension Offset. These 2 laws coordinated and offset Social Security benefits for recipients of government pensions for federal, state…
We already knew Social Security benefits were rising 2.5% due to the Cost of Living Adjustment (COLA). We now know Medicare premiums will increase, as well, cutting into the increase for most recipients. Centers for Medicare and Medicaid Services (CMS) has announced the part B premium for most recipients will increase by $10.30 from $174.70…
Summer 2021 Newsletter STILL STANDING…AND PRACTICING I published the first issue of Social Security & You in Spring of 1993. Some years I’ve published more issues than others. The most recent issue was dated Spring 2019: over 2 years ago. The world was a much different place then. Especially for me. Read the full newsletter…
Spring 2019 Newsletter An Opioid Story I’ve changed his name. Let’s call him Gerald. He was a laborer. And by that I don’t mean that he just did physical work. He was a card-carrying member the Labor’s Union local. And that meant a lot to him. I represented him for Social Security disability and Michigan…
The Social Security Administration announced this fall the cost of living increase for recipients of Social Security Retirement, Survivors & Disability Insurance Benefits (RSDI) as well as Supplemental Security Income Benefits (SSI), is 1.5%. This is welcome news for Michigan residents.
Individual SSI recipients will receive $721 per month. The SSI benefit for 2013 was $710. Couples on SSI will receive $1,028.
The maximum monthly RSDI benefit will be $2,642 while the average benefit for a retired worker will be $1,294 and the average benefit for a retired couple will be $2,111.
The average monthly RSDI benefit for a disabled worker will be $1,148.
As outlined in the fall 2013 issue of Social Security Disability & You, there is a proposal to alter the formula used to calculate the annual COLA increase in benefits, which will directly effect the disposanle income of Michigan recipients.