Social Security Disability Insurance (SSDI) – 2016 Numbers

Recently it was discussed that there will be no cost-of-living adjustment (COLA) in 2016 for Social Security Disability Insurance (SSDI) and SSI beneficiaries. The COLA is important because it also sets other Social Security Disability Insurance (SSDI) and SSI-related amounts for 2016. For 2016 the following are amounts to remember:

• Maximum taxable earnings – $118,500.00
• Earnings required for quarter of coverage – $1,260.00
• Retirement earnings test exempt amounts – $41,880.00 per year or $3,490.00 per month
• Substantial gainful activity threshold for non-blind – $1,130.00 per month Substantial gainful activity threshold for the blind – $1,820.00 per month
• Trial work period threshold – $810.00 per month
• SSI (Individual) – $733.00 per month SSI (Couple) – $1,100.00 per month

If you need more information about a Social Security Disability/SSI, personal injury, EEOICPA, long or short-term disability, VA disability, Railroad Retirement Board disability, or a workers compensation matter, please contact the Law Offices of Tony Farmer and John Dreiser for a free case evaluation. We can be reached at (865) 584-1211 or (800) 806-4611 or through our website.