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Elder LawGovernment Benefits

Social Security Cost of Living Adjustment (COLA) Increase for 2015

By January 6, 2015No Comments

The Social Security Administration (SSA) announced the COLA for seniors, placing the increase at 1.7% for 2015. There’s not going to be any change in the Part B premium of $104.90 (for those unmarried seniors with incomes below $85,000). The SSI monthly benefit is $733. The Presumed Maximum Value is $264.33. The 2015 Florida Medicaid Income Cap is $2199. Attorney Babette B. Bach is a Board Certified Florida Elder Law attorney and an expert in public benefits. Call Bach & Jacobs, PA to schedule an appointment with Babette to review your eligibility for Medicaid and other public benefits.