December 3, 2013

The Social Security Administration has announced their 2014 Cost of Living Adjustments.

Highlights for employed SSDI beneficiaries include:

  • Substantial Gainful Activity increase to to $1,070 a month for non-blind and $1,800 a month for blind individuals.
  • Trial Work Threshold increase to $770 a month.

Highlights for SSI beneficiaries include:

  • Standard payment rate for individuals increased to $721 a month.
  • Standard payment rate for couples increased to $1,082 a month.
  • Monthly Student Income Exclusion increased to $1,750 a month.
  • Annual Student Income Exclusion increased to $7,060 a year.

A full summary of rate changes is available below:

http://www.socialsecurity.gov/pressoffice/factsheets/colafacts2014.html