Social Security Benefits Handbook online edition 
What You Want To Know - What You Need To Know
Latest Updates

2015 Updates

Substantial Gainful Activity - Section 504
    Monthly amounts
    $1,090 and $1,820 for the blind

Trial Work Period - Section 509
    The monthly amount is $780 

Quarters of Coverage, Appendix 2, Chart 1
    Earnings Required - $1,220
            
Maximum FICA Earnings, Appendix 3
    Social Security Tax: $118,500
    no limit for Medicare tax

Maximum benefit at Full Retirement Age 
    $2,663

Cost of Living Increase, Appendix 6
    1.7%

Earnings Limits - Appendix 7

    Under Full Retirement Age   
    $15,720 per year,   $1,310  for Non-Service Month

    Full Retirement Age
    $41,880 per year, $3,490 for Non-Service Month


 Medicare Premiums & Deductibles- Appendix 11    
    
    Hospital Insurance - Part A Monthly Premium

    No premium for those with at least 40 quarters. 
    
    For those with 30-39 quarters:
    $224

    For those with less than 30 quarters:
    $407                         

Co-Payments

    First 60 Days
    $1,260 (total for the benefit period)

    61st-90th Day
    $315 (per day)

    Lifetime Reserve
    $630 (per day)

    Skilled Nursing Care

    20th-100th day
    $157.50 (per day)

Medical Insurance - Part B Premium/ Drug Insurance Part D Supplemental Premiums
    
N.B premiums are based on income most recently available from IRS (generally the tax year 2 years before):

     Filing Status                 Premiums

 Single

Married
File Separate
Married File Joint  Original Medicare  Part D Supp
   
 under $85,000  under $85,000  under or equal to $170,000  $104.90  plan premium only
 under or equal to $107,000  
 under or equal to $214,000  $146.90  plan premium +$12.30
under or equal to $160,000  
 under or equal to $320,000  $209.80 plan premium+$31.80
under or equal to $214,000 more than $85,000 under $129,000  under or equal to  $428,000  $272.70  
plan premium+$51.30
$214,000+  more than $129,000  $428,000+  $335.70  
plan premium+$70.80

 

Part B Yearly Deductible
$147 

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