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2026 Social Security Changes - AOL
Social Security has been around for 90 years. While the basic premise remains, some figures change each year. For example, there is almost always a Cost of Living Adjustment (COLA). Other changes include the maximum monthly benefit, wage cap and earnings limit. Maurie Backman for AOL explains here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
Is there anything for the SS and SSI recipients that ONLY have a total household income of $1470.00 per month. ( Married couple)
Shirley:
Thanks for the comment. The article on which you commented address only the routine changes that occur annually under current Social Security law. Unfortunately, these changes to not address actual Social Security benefit calculations, although changes in individuals’ circumstances do have a potential impact on Supplemental Security Income (SSI) benefits (the SSI topic is outside the jurisdiction of Social Security, per se).
There are many provisions being evaluated to address the Social Security reform issue, including AMAC’s Social Security Guarantee proposal (see https://amac.us/social-security-guarantee). AMAC’s plan addresses a variety of areas intended to resolve the program’s insolvency problem, including focusing more attention on beneficiaries with monthly payments below the statistical average. For example, the plan calls for redistribution of the annual cost-of-living adjustment (COLA) to allocate a larger adjustment to those with benefit levels below the average.
Thanks again for the comment and question.
Gerry Hafer
AMAC Foundation Social Security Advisor
The above is intended for information purposes only and does not represent legal or financial guidance. It presents the opinions and interpretations of the AMAC Foundation’s staff, trained and accredited by the National Social Security Association (NSSA). NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (amacfoundation.org/programs/social-security-advisory) or email us at ssadvisor@amacfoundation.org.”