Category: COLA
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COLA – more than a soda! 2026 RATES HAVE INCREASED!
EPS, Inc., is here to help! The Cost-of-Living Adjustments (COLA) are effective 1/1/26 for SS and 12/31/25 for SSI. This year it is a 2.8% increase. If your property participates in Streamlined Verification (Streamlined Income Determinations – EPS, Inc.), you can use the COLA factsheet (2026 Cost-of-Living Adjustment (COLA) Fact Sheet | News | SSA)…
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COLA – more than a soda! 2025 RATES HAVE INCREASED!
EPS, Inc. announces a 2.5% Cost-of-Living Adjustment (COLA) effective 1/1/25 for Social Security (SS) and 12/31/24 for Supplemental Security Income (SSI). Properties in Streamlined Verification can use the COLA factsheet for verification without additional documents if third-party verification is obtained within three years. Helpful resources include the SSA website.
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Streamlined Income Determinations
EPS, Inc. offers time-saving solutions for organizations, such as TRACS Service Bureau reporting for 50059s and HAP vouchers, with expertise in reviewing potential errors. Streamlined income determinations under the FAST Act allow O/A to verify income every 3 years if 90% of a family’s income is from a fixed source. (50 words)
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COLA – more than a soda! RATES HAVE INCREASED!
EPS, Inc., is here to help! The Cost-of-Living Adjustments (COLA) are effective 1/1/24 for SS and 12/29/23 for SSI. This year it is a 3.2% increase. If your property participates in Streamlined Verification (see notice below), you can use the COLA factsheet (see below) as verification and no additonal verification documentation, award letter, or EIV…