cola chart

2017 Social Security changes

	2016	2017	Change
Tax rate
Employee	7.65%	7.65%	0.00
Self-Employed	15.30%	15.30%	0.00
Maximum taxable earning
Social Security (OASDI &mdash Social Security portion &mdash only)	$118,500	$127,200	$8,700
Medicare (HI &mdash Medicare portion &mdash only)	No limit	No limit	N/A
Quarter of coverage	$1,260	$1,300	$40
Retirement earnings test exempt amounts
Under full retirement age	$15,720/yr.	$16,920/yr.	$1,200/yr.
The year an individual reaches full retirement age	$41,880/yr.	$44,880/yr.	$3,000/yr.
Social Security disability thresholds
Substantial gainful activity non-blind	$1,130/mo.	$1,170/mo.	$40/mo.
Substantial gainful activity blind	$1,820/mo.	$1,950/mo.	$130/mo.
Trial work period	$810/mo.	$840/mo.	$30/mo.
Maximum Social Security benefit: Worker retiring at full retirement age	$2,639/mo.	$2,687/mo.	$48/mo.
SSI federal payment standard
Individual	$733/mo.	$735/mo.	$2/mo.
Couple	$1,100/mo.	$1,103/mo.	$3/mo.
SSI resources limits
Individual	$2,000	$2,000	$0
Couple	$3,000	$3,000	$0
SSI student exclusion
Individual	$1,780	$1,790	$10
Couple	$7,180	$7,200	$20

Source: Social Security Administration

Estimated average monthly Social Security benefits payable in January 2017

	Before COLA	After COLA	Change
All retired workers	$1,355	$1,360	$5
Aged couple, both receiving benefits	$2,254	$2,260	$6
Widowed mother and two children	$2,686	$2,695	$9
Aged widow(er), alone	$1,296	$1,300	$4
Disabled worker, spouse and one or more children	$1,990	$1,996	$6
All disabled workers	$1,167	$1,171	$4