OLGT 2024-5: 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 2024 DTA benefits are anticipated to be completed on the
following schedule:
• Social Security numbers ending in 0-5 will be completed from 1/19/24-
1/21/24; and
• Social Security numbers ending in 6-9 will be completed from 1/26/24-
1/28/24.
This year, the SSA COLA will increase RSDI and SSI income by 3.2 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.