2022 Cost of Living Adjustment (COLA) To Jump Significantly – Large Social Security Benefits Raise Expected

The following article provides a discussion and update on the Cost of Living Adjustment (COLA) over the last few years. The COLA figure is critical for millions of Americas, especially retirees whose social security benefit raise is tied to the COLA increase. So the larger the COLA increase the larger …

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2017 COLA Increase Will Result in a Tax Hike For Over 12 Million American Workers

[2017 COLA update] Its been a few years with relatively minor COLA (cost-of-living-adjustment) increases but even with the marginal 2017 COLA increase of 0.3%, over 12 million Americans will pay higher taxes in 2017 as the maximum taxable earnings (wage base) subject to social security also increased from $106,800 to $110,100. You can see the previous …

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Will there be a SSI COLA increase?

See the latest COLA changes in this article – https://savingtoinvest.com/social-security-tax-and-cost-of-living-adjustment-cola [Updated with 2015 Forecast – 90% accurate] What will the 2015 SSI COLA increase be? That’s the question 60 million social security recipients (mainly federal and military retirees) will be asking later this year when the  Social Security Administration (SSA) has …

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Average Monthly Social Security Benefits Change With COLA Increase

See this article for the latest COLA increase – https://savingtoinvest.com/social-security-tax-and-cost-of-living-adjustment-cola The Social Security Administration (SSA) confirmed that the 2013 COLA increase will be 1.7%. This means that nearly 62 million Americans will see their benefit payments increase in January 2013, with the average retiree receiving a $21 increase.  As detailed in the …

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2021 COLA (Cost-of-Living Adjustment) Increase for Social Security, SSI, Federal Retirees and Medicare Premiums

[2021 update] 1.3% COLA increase in 2021 officially confirmed by the SSA. For the average retiree who got a check of $1,523 this year, that would mean an additional $20 a month. The 1.3% COLA is the smallest increase since 2017 and slightly below the 1.4% average over the past …

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