Cost of Living Adjustment
How does COLA affect SSI and SSD benefits?
Cost of living changes are a fact of life. For the most part, cost of living goes up from year to year. The Social Security Administration makes adjustments to SSI benefits and Social Security Disability benefits. These cost of living adjustments are referred to as COLAs. Every October, the SSA evaluates your benefits based on increases in the cost of living. The Consumer Price Index is used to make this evaluation.
According to the most recent update from the Social Security Administration (SSA):
"The latest COLA is 0.3 percent for Social Security benefits and SSI payments. Social Security benefits will increase by 0.3 percent beginning with the December 2016 benefits, which are payable in January 2017"
If you have any concerns or problems regarding your application for SSI or SSD benefits, a dedicated lawyer can be of great assistance.
We have been assisting individuals for over 20 years with all aspects of Social Security benefits and the Social Security Disability process such as:
Seek Legal Assistance from the Onset of Your Claim
If you need any assistance with Social Security benefits, we invite you to call us at our Sacramento office. We have helped thousands of Americans receive benefits, even when they had been previously denied. Our experience and knowledge can be detrimental in determining the probable causes for denial and we will remedy them! We encourage you to use our experience from the beginning of the initial application. When clients take advantage of representation from our firm, valuable time can be saved.
Start by calling our firm at (888) 421-8705 today. DAA is ready to help.