Changes in SSI and SSDI Benefits for 2015
By Ted Walner, Peer
Advocate, Brooklyn Peer Advocacy Center, Baltic Street AEH, Inc.
With the recent onset of 2015, the
Social Security Administration has made changes in the amounts we
receive as well as in the amounts we can earn to qualify for
benefits. Firstly there has been a 1.7% increase to the
beneficiaries. This is a slightly higher increase than that of the
previous year.
The monthly maximum amount of SSI has
increased from $721 per month to $733 for an individual. It has also
increased to $1,100 per month for a couple from $1,082 previously.
The allowable assets for SSI remain the same. They are $2000 for an
individual and $3000 for a couple.
A person receiving SSDI must earn less
than $1,090 per month to qualify for benefits. This is an increase
from $1070 per month last year. A trial work period for an SSDI
recipient will count if they earn over $780 per month. This is also
increased from $770 per month, last year.
I hope these changes are easy to
understand. Basically entitlements have gone up for the New Year.
Enjoy the increase and spend wisely!