Do SSA Benefits Vary Based on Cost of Living?
If you are applying for monthly disability benefits from the Social Security Administration (SSA), you may wonder if the amount of those benefits may vary based on the current cost of living. The current cost of living can impact your income somewhat, but the way your income is impacted is dependent upon the kinds of benefits you receive for being disabled.
There are two kinds of disability benefits administered by the SSA, one is Supplemental Security Income (SSI) and the other is Social Security Disability Insurance (SSDI).