The Massachusetts Cost-of-Living (COLA) for 2018 increases by 2% effective January 2018.
Maximum federal SSI monthly payment amounts:
Eligible individual – $750
Eligible couple – $1125
Essential person – $376
Substantial Gainful Activity (SGA) The amount of monthly earnings considered as SGA depends on the nature of a person’s disability.
SGA presumed at or above this threshold of gross monthly wages or net self-employment income:
Eligibility based on Disability – $1180
Eligibility based on Statutory Blindness – $1970
Trial Work Period threshold (gross earnings per month):
$850
Student Earned Income Exclusion:
Up to $1820 per month
But not more than $7350 per calendar year 2018
Maximum fee for representative payee services :
(Only certain orgs. approved by SSA are allowed to collect these fees)
$42 per month
$80 per month for those with DAA conditions
Taxable (FICA) earnings needed to earn a quarter of coverage:
$1320
Schedule of Benefit Payments 2018: