COLA Changes 2017
a. Student Earned Income Exclusion: 2017 Change - $1,790.00 monthly and $7,200.00 annually.
b. Medicare for People Who Work: 2017 Change - Part A premium can cost up to $428.00 per month for those without 40 quarters of coverage. Part B premium will cost $109 per month for up to 70% of Medicare recipients and $134 per month for newly enrolled recipients in 2017.
c. Trial Work Period (TWP): The 2017 TWP amount is $840.00 per month.
d. Substantial Gainful Activity (SGA): The 2017 SGA for non-blind individuals is $1,170.00 or more per month and $1,950.00 per month for visually impaired persons receiving Social Security Disability Insurance (SSDI).
For a complete explanation go to SSA Online and view the Redbook section or contact your local LABPS Benefits Planner 1-(855)-886-5123.