The maximum attorney fee for successful Social Security Claimant representatives has been $6,000 since 2009. The fee set by law is 25% of the accrued benefit or the fee cap; whichever is less. Now Social Security has raised the fee cap to $7,200, effective November 30, 2022.
Social Security recipients saw a 5.9% increase in their benefits this year due to inflation in 2021. As prices continue to soar in 2022, the Senior Citizens League is projecting an even higher hike in 2023. Based upon the inflation numbers through March of this year, Social Security benefits could rise as much as 7.6%…
Summer 2021 Newsletter STILL STANDING…AND PRACTICING I published the first issue of Social Security & You in Spring of 1993. Some years I’ve published more issues than others. The most recent issue was dated Spring 2019: over 2 years ago. The world was a much different place then. Especially for me. Read the full newsletter…
Spring 2019 Newsletter An Opioid Story I’ve changed his name. Let’s call him Gerald. He was a laborer. And by that I don’t mean that he just did physical work. He was a card-carrying member the Labor’s Union local. And that meant a lot to him. I represented him for Social Security disability and Michigan…
The Senior Citizens League estimated earlier this year the Cost of Living Adjustment for Social Security benefits would rise 5.3% for 2022. That estimate has now jumped to 6.2%.
The COLA is determined each year by the rise in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) through the third quarter of the prior year.
The estimated hike would be the highest since the 7.4% increase in 1983.