Meds, Mind, Body & Benefits > Insurance, Benefits Programs & HIV

SSDI & Cost of Living

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cmhjeff:

--- Quote from: ademas on November 02, 2006, 04:13:43 PM ---Yes, Jeff--SSDI recipients also get the increase every year.


--- End quote ---
Every little bit helps! Thanks

RapidRod:
Jeff, it says if there is a cost of living increase SSI and SSDI will receive it in January.

Gary85741:

Each year, SSDI is increased in tandem with cost-of-living.  Of course there's always a small fly in the ointment...your Part B medicare deduction (assuming you have it) likewise increases...so you have to deduct that increase to find your net increase.

Fortunately, I believe there is a law that your net benefit cannot decrease even if the Part B deduction outstrips the cost-of-living increase.

For 2007, the gross increase (before applying the Part B premium increase) is 3.3% I believe.

Gary

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