Friday, September 18, 2020

SSA expected to announce 1.3% COLA for 2021

SSA expected to announce 1.3% COLA for 2021

The cost of living increase for Social Security recipients is expected to be 1.3% in 2021 based on Consumer Price Index data, which is down 1.6% from 2020, according to the Senior Citizens League. The Social Security Administration will release the COLA for 2021 on Oct. 13.

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