The Social Security Administration has just announced the 2021 Cost Of Living Adjustments (COLA) for Social Security and SSI recipients. Across the board there will be a 1.3% increase in income. This means that for SSI recipients the individual monthly maximum income will now be $794, while a married couple on SSI can expect to receive up to $1,191 a month.
In other annual adjustments, the Trial Work Period (TWP) threshold for SSDI recipients is up $30 to $940; the Substantial Gainful Activity (SGA) threshold for non-blind recipients has jumped to $1,310. For blind SSDI recipients the figure for 2021 will be $2,190, an increase of $80 on 2020.
The Student Earned Income Exclusion has also seen a rise as the monthly limit will stand at $1,930, and the annual limit has seen a modest but welcome increase from $7,670 to $7,770.
For a full look at all those changes you can go here: https://www.ssa.gov/news/press/factsheets/colafacts2021.pdf