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ENERGY ASSISTANCE PROGRAMS

Section Two: Income Intake, Operations & Policy Manual Program Year 2026 58 On the following page is an example of the Social Security Income Calculator. The version to be used will be posted on the OHCS website with the manual once the COLA is released from SSA. The figures used below are just examples.

Social Security Income Calculation Worksheet Social Security Retirement & Supplemental Security Income (SSI) recipients received a cost-of-living increase of 2.5% for Calendar Year 2025. The standard 2025 Medicare Part B is $185.00. For 2026 the COLA is unknown and the Part B Premium is unknown. Social Security Retirement To calculate a prior year Social Security income amount from a new benefit verification letter : 1 ENTER the Social Security benefit amount for 2026, minus the Medicare premium. a. If the 2026 benefit verification letter shows something other than the standard Medicare Part B amount and/or other deductions are shown, put the total amount in b. The standard Medicare Part B premium for 2026 is 2 Not yet determined. The 2025 premium was $185.00. b. 3 CALCULATION: Adds lines a and b (Results in estimated 2026 gross benefit). c. $ - 4 Cost of living adjustment (COLA) factor <COLA % increase/100)=1=factor entered> 0.0 d. 0.0% 5 Divide line d by line c. The result is the estimated monthly gross 2025 income. e. $ -

This estimated gross income calculator may be used in December and January when: ➢ An applicant does not have a current Benefit Verification AND A bank statement may not be used because it will not show other deductions. This could be zero. Estimated monthly gross is what we’d need to use for reporting (as well as income eligibility).