OLGT 2023-13: Cross Programs: Social Security COLA for TAFDC, EAEDC, and SNAP

Every year in January, the Social Security Administration (SSA) implements a Cost-of-Living Adjustment (COLA) for Retirement, Survivors, and Disability Insurance (RSDI) and Supplemental Security Income (SSI) recipients. This COLA can affect TAFDC, EAEDC and SNAP benefits. COLA calculations for February 2023 DTA benefits are anticipated to be completed on the following schedule:

• Social Security numbers ending in 0-6 will be completed from 1/21/23- 1/22/23; and

• Social Security numbers ending in 7-9 will be completed from 1/28/23- 1/29/23.

  This year, the SSA COLA will increase RSDI and SSI income by 8.7 percent and Medicare Part B premiums, Medicare Part D deductibles and the Medex premiums are being adjusted.

  The households impacted by the SSA COLA change will be sent a notice.