Obsolete 0314 - Table II Aged, Blind, Disabled Income Limits

 

INCOME LIMITS AND OTHER IMPORTANT FIGURES

Effective Date: January 1, 2014 - February 28, 2014

Previous Table

Aged, Blind or Disabled Spenddown Level

Household Size

100% of Poverty

1

$ 958

Updates in March

2

$1,293

Updates in March

 

ABD Asset Limits

Single Person

$2,000

Married Couple

$3,000

 

Medicare Cost-Sharing Programs Asset Limits

Single Individual

$7,160

Updates in January

Married Couple

$10,750

Updates in January

 

Social Security related figures

SSI Maximum payments

and

Related Amounts

 

Individual - Monthly Payments

(lives alone)

$721

Updates in January

Individual - Monthly Payments

(lives W/ others)

(PMV factored in by the SSA)

$480.67

(+ $3.13 State Supp)

Updates in January

Couple  - Monthly Payments

(lives alone)

$1,082

(+ $4.60 State Supp)

Updates in January

Couple - Monthly Payments

(lives W/ others)

(PMV factored in by the SSA)

$721.34

(+ $9.73 State Supp)

Updates in January

300% of SSI Rate

$2,163

Updates in January

SSI Break-Even Point (earned income only)

$1,527

Updates in January

PMV (Presumed Maximum Value for Food and Shelter)

PMV for one person

$260.33

Updates in January

PMV for a couple

$380.66

Updates in January

1619b Income Limit

Monthly income limit – notify SSA if 1619b exceeds

$2794

Updates in January

Substantial Gainful Activity (SGA)

(used for disability decision)

Substantial Gainful Activity Level (non-blind)

$1070/month

Updates in January

Substantial Gainful Activity Level (blind)

$1,800/month

Updates in January

Earnings Required for a Quarter of Coverage

To receive insured status for Social Security and Medicare benefits.

$1,200

Updates in January

 

Medicare Related Figures

Medicare Part B Premium Amount

$104.90

Updates in January

Part B Annual Deductible

$147

Updates in January

Medicare Part A Deductible

$1,216

Updates in January

Skilled Nursing Home Co-Insurance (days 21-100)

$152/day

Updates in January

Part D Low-Income Subsidy Premium Allowance

$39.02

Updates in January

 

Income Deeming and Income Deduction Amounts

Maximum Allocation and Deduction for:

Spouse

$360.50

Updates in January

Non-Disabled Children

$360.50

Updates in January

Allocation for Parents (ABD Deeming)

1 parent in home

$721

Updates in January

2 parents in home

$1,082

Updates in January

Earned Income Deduction for Disabled Student Child and

Ineligible Student Child

Maximum Monthly Deduction

$1,750

Updates in January

Maximum Deduction during the Calendar Year

$7,060

Updates in January