Elder Law of Louisville's Blog

Wednesday, October 22, 2014

Social Security & VA benefits Increasing in 2015; Medicare Premium Not Increasing in 2015

The federal government announced today that Social Security benefits, including Social Security Retirement, Social Security Disability Insurance ("SSDI"), and Supplement Security Income ("SSI") benefits, will increase by 1.7% in 2015.VA benefits are tied to Social Security benefits.  Therefore, VA benefits should also see an increase of 1.7% in 2015, although the VA has not officially announced an increase.

The federal government also announced that the Medicare premium will remain the same in 2015.  Most, but not all, people pay a premium of $104.90 per month for Medicare.

The attorneys of Elder Law of Louisville (formerly Walsh & Wilson, PLLC) assist clients in Louisville, Kentucky and surrounding counties of Jefferson, Oldham, Shelby, Spencer, and Bullitt. Our Office also serves Southern Indiana and the towns of New Albany, Jeffersonville, and Clarksville.

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