VA Disability Cost-of-Living Adjustment for 2020 & Updated Benefit Rate Tables

by Casaundra Johnson | Dec 09, 2019 | Social Security and Disability Compensation

Under federal law, cost-of-living adjustments (COLA) for VA compensation and pension rates are the same percentage as for Social Security Disability benefits.  This means that just like Social Security beneficiaries, disabled veterans will see a 1.6% increase in their monthly benefits for 2020 due to the rising costs of living.  The 1.6% increase went into effect on December 1, 2019; however, veterans will not actually see a change in the amount of their disability benefits until January 2020.  The following Rate Tables show the increased benefit rate for 2020....read more >>

Social Security will not seize tax refunds for past debts

by Kara Dolan-West | Feb 07, 2015 | Social Security in the News

People who owe old debts to the Social Security Administration are getting a reprieve this tax season: The federal government won’t be seizing their tax refunds. Acting Social Security Commissioner Carolyn Colvin suspended a debt collection...read more >>

House rule could set up explosive battle over Social Security

by Kara Dolan-West | Jan 16, 2015 | Social Security in the News

WASHINGTON – Buried in new rules that will govern the House for the next two years is a provision that could force an explosive battle over Social Security’s finances on the eve of the 2016 presidential...read more >>