April 20, 2010
SSDI is increased each year according to the Cost of Living Adjustment (COLA) for that year. Social Security law states that benefits will increase automatically each year if there is an increase in inflation. (In general, the COLA is equal to the increase in the Consumer Price Index. If there is no increase in the Consumer [...]
Read the full article →
March 19, 2010
One of the primary differences between Social Security disability and Supplemental Security Income (SSI) is that SSI is needs-based. This means that any increase in your income, temporary or not, can reduce the amount of money that you will receive from Social Security. What types of income can reduce my benefits? Any wages you earn, Any self-employment income, Other [...]
Read the full article →