The Bainbridge Firm, LLC
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Toll Free: 800-762-1612

Columbus : 614-545-9990

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Waverly : 740-835-8890

Social Security and Disability Compensation Archives

Social Security Income and Beyond

Saving isn't an easy thing for most people, and I am here to tell you that you are not alone. Tons of people live paycheck to paycheck and/or just have really bad saving habits... like, not saving at all or beginning the unforgivable cycle of telling yourself "I'll just replace it". Unless you envision yourself working your entire life, this cycle must stop!

What you should know about the Social Security increase of 2017.

If you are revceiving Social Security benefits then you will receive an increase this year. The cost of living (COLA) will increase a whopping $0.3 percent. The worst in history yet but hey, from no increase in 2016, this average $4 a month for recepients shows progress! 

What is Cost-of-Living Adjustment (COLA) in Social Security?

The purpose of the COLA is to ensure that the purchasing power of Social Security and Supplemental Security Income (SSI) benefits is not eroded by inflation. It is based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of the last year a COLA was determined to the third quarter of the current year. If there is no increase, there can be no COLA.

Social Security cost-of-living adjustments projected to increase slightly in 2015

Social Security benefits are likely to increase by 1.7% in 2015, slightly more than this year's 1.5% increase but still well below average increases over the past few decades, according to an unofficial projection by the Senior Citizens League.

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The Bainbridge Firm, LLC

Columbus Office
900 Michigan Avenue
Columbus, OH 43215

Toll Free: 800-762-1612
Phone: 614-545-9990
Fax: 614-224-9300
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Portsmouth Office
611 Court Street
Portsmouth, OH 45662

Toll Free: 800-762-1612
Phone: 740-353-7548
Fax: 740-353-1984
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Ironton Office
119 North Fifth Street
Ironton, OH 45638

Toll Free: 800-762-1612
Phone: 740-532-9772
Fax: 740-532-3127
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Marion Office
198 East Center Street
Marion, OH 43302

Toll Free: 800-762-1612
Phone: 740-387-6727
Fax: 740-382-5816
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Cambridge Office
120 Southgate Parkway
Cambridge, Ohio 43725

Toll Free: 800-762-1612
Phone: 740-435-3342
Fax: 740-435-3329
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Waverly Office
112 North Market Street
Suite B
Waverly, OH 45690

Toll Free: 800-762-1612
Phone: 740-835-8890
Fax: 740-835-8891
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