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2018 COLA Adjustments


2018 Brings Changes to Benefit and Work Incentive Amounts!

The Social Security Administration has announced important cost-of-living adjustments (COLA) for 2018. Social Security and SSI beneficiaries will see a 2.0 percent increase to benefit amounts effective January, 2018. This is the biggest increase since 2012.

Please see below for other 2018 adjustments important to Social Security and SSI beneficiaries:

  • 2018 SSI Federal Benefit Rate: $750 per month Individual or $1,125 per month Eligible Couple
  • 2018 SSI Student Earned Income Exclusion (SEIE): $1,820 per month, up to $7,350 annually
  • 2018 Trial Work Period (TWP) level: $850 per month
  • 2018 Substantial Gainful Activity (SGA) level: $1,180 per month (non blind) or $1,970 per month (blind)

 

It is important to stay up to date with changes in the annual Federal Benefit Rate and to TWP and SGA amounts. Click here for a complete list of the announced COLA for 2018.