[NYAPRS Enews] 2008 Red Book: SSA Guide to Employment Incentives for Individuals with Disabilities

[Matt Canuteson]

 NYAPRS Note: The Social Security Administration has released the 2008
Red Book: A Summary Guide to Employment Supports for Individuals with
Disabilities under the SSD and SSI Programs. Keeping with the NYAPRS
mission of highlighting and providing information on the many incentives
there are for people to become employed we want to share this guide with
you. A complete copy of the guide in English and Spanish can be found
at:



http://www.socialsecurity.gov/redbook/
<http://www.socialsecurity.gov/redbook/>  

The Red Book is a general reference tool designed to provide a working
knowledge of SSD/SSI work incentives. The Red Book is written for
educators, advocates, rehabilitation professionals, counselors, and
individuals with disabilities. 

Brief Summary of changes in SSA work incentives as outlined by the
guide:



*         SSA increased the Substantial Gainful Activity (SGA) amount
for individuals with disabilities, other than blindness, from $900 to
$940 for 2008. 

*	SSA increased the SGA amount for individuals who are blind from
$1,500 to $1,570 for 2008. 
*	SSA increased the monthly earnings amount that is used to
determine if a month counts for the Trial Work Period (TWP) from $640 to
$670 for 2008. 
*	For 2008, SSA increased the Supplemental Security Income Federal
Benefit Rates (FBR) from $623 to $637 for an eligible individual and
from $934 to $956 for an eligible couple. 
*	SSA increased the income amounts that will have no effect on
eligibility or benefits for SSI beneficiaries who are students. For
2008, SSA increased the monthly amount from $1,510 to $1,550 and the
yearly maximum from $6,100 to $6,240. 
*	For 2008, the monthly Medicare Part A Hospital Insurance Base
Premium is $423, and the 45 percent Reduced Premium is $233. The Part B
Supplementary Medical Insurance monthly Base Premium is $96.40.

For more information contact Mat Mathai at mathewm at nyaprs.org.

 

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