Social Security Benefits to Increase in 2018
Reading Time: 1 MinuteLast Updated: October 13, 2017
When we announce the annual cost-of-living adjustment (COLA), there’s usually an increase in the Social Security and Supplemental Security Income (SSI) benefit amount people receive each month. Federal benefit rates increase when the cost of living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W).
The CPI-W rises when prices increase, making your cost of living go up. This means prices for goods and services, on average, are a little more expensive. The COLA helps to offset these costs. As a result, more than 66 million Americans will see a 2.0 percent increase in their Social Security and SSI benefits in 2018.
Other changes that will happen in January 2018 are based on the increase in the national average wage index. For example, the maximum amount of earnings subject to Social Security payroll tax will increase to $128,700. The earnings limit for workers younger than “full” retirement age will increase to $17,040 and the limit for people turning “full” retirement age in 2018 will increase to $45,360.
You can find more information about the 2018 COLA here.
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Tags: Cost of living adjustment, Social Security benefits
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Jim Borland, Acting Deputy Commissioner for Communications
Jim Borland, Acting Deputy Commissioner for Communications
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Dennis
That’s what I’ve been saying for the last 10 years if we can only kill off the blacks from city to city be a much better place
James
Run the blacks out of the city pull all survelance off the family’s much better society
James
Tell those ssi clerks & judges to fuck off those people have the whole system screwed
Governmentcollaspse
Are organization now gives the ok to send our poison around to co workers hospital settings and around the world then we’ll laugh in judges faces while the sick & dying are being hospitalized and suffering quietly very quiet anonymous
Governmentcollaspse
Very quiet environment always stay quiet we’re quiet when we attack quiet just so you the viewers no we’re a quiet organization
Sharon D.
Please contact me regarding the 2018 increase. My husband received it, I did Not.
Governmentcollaspse
Anonymous is ready to strike with another attack again we are a loose network out of hospital facility’s sorry but we can’t give a time or location that’s why we’re anonymous
Frank
The economy will eventually collapse any way so nobody will have to worry about social security once anonymous takes over globally especially if the Chinese take over like they say there going to
Spy n.
Anonymous will start poisoning food and drink supply’s in the u.s from china outpost bases quicker than blink of an eye also won’t tell you how long we’ve been attacking or when next one occurs it will be to late
Spy n.
Anonymous will only keep shipping poison from china to currupt our hospitals and schools and gov personals we are a network that are spread out so you can’t see all of us as a network that’s why we’re anonymous we won’t tell you when our attacks occur