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5.9% Benefits Increase in 2022

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Social Security and Supplemental Security Income (SSI) benefits for nearly 70 million Americans will increase by 5.9% in 2022, the Social Security Administration announced today.

The 5.9 percent cost-of-living adjustment (COLA) will begin with benefits payable to in excess of 64 million Social Security beneficiaries in January 2022. Increased payments to nearly 8 million SSI beneficiaries will start on December 30, 2021.

Some other adjustments will take effect this January (2022), and are based on the increase in average wages. The maximum amount of earnings subject to the Social Security tax will increase to $147,000 from $142,800.

AUTHOR

Thomas O.
Thomas C. O’Brien, J.D., M.B.A, practices law in the fields of disability and insurance law. He is the President of The Law Firm of O'Brien & Feiler (OBF), which is headquartered in Marietta, Georgia. He and his team assist the disabled as they seek Social Security Disability and SSI benefits. OBF also represents medical providers with securing medical claim payments from Medicaid, Workers Compensation, and liability insurers. Thomas and his legal team represent the disabled before Social Security at application and all levels of appeal. Additionally, they are frequently called upon to secure retroactive Medicaid coverage for disabled individuals. Thomas regularly teaches CLEs, medical support groups, and medical facilities about Social Security Disability/SSI, Medicaid Eligibility, and related subjects. He is regularly called upon by other legal specialists such as Personal Injury Attorneys, Workers Compensation Attorneys, and Estate Planners to discuss the impact of their efforts on a Claimant's Social Security status. The OBF website provides a comprehensive set of tools and resources for disability applicants and their counsel, and his work has been featured on Fox-5 Atlanta, the Augusta Chronicle, and Stars and Stripes. He is AV Rated by Martindale, 10/10 rated by Avvo, Lead Counsel Certified, and is a Superlawyer.

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