COLA Changes 2021
- Student Earned Income Exclusion: 2021 Change - $1,930 monthly and $7,770 annually.
- Medicare for People Who Work: 2021 Change - Part A premium can cost up to $471.00 per month for those without 40 quarters of coverage. Part B premium will cost $148.50 per month for up to 70% of Medicare recipients in 2021.
- Trial Work Period (TWP): The 2021 TWP amount is $940.00 per month.
- Substantial Gainful Activity (SGA): The 2021 SGA for non-blind individuals is $1,310.00 or more per month and $2,190.00 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.