Will there be a 2017 Cost of Living Adjustment (COLA) Increase


[2017 COLA update] It looks highly likely that there won’t be a Cost of Living Adjustment (COLA) increase in 2017 based on recent CPI-W figures and comments from the Board of Trustees of the Social Security Trust Funds.  The main impact of the COLA is to the 70 million+ Social security recipients. Estimates for the 2017 COLA […]

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Will there be a 2015 SSI COLA increase?


[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 officially announces the COLA increase. Per the update below the 2014 COLA raise was 1.5%, […]

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2013 Average Monthly Social Security Benefits Change With COLA Increase


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 table below, retired couples will see a $34 increase with disabled workers receiving a $19 increase on […]

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Why the 3.6% 2012 COLA Increase Will Result in a Tax Hike For Over 10 Million American Workers


With the announcement of a 3.6% COLA (cost-of-living-adjustment) increase, many social security recipients were cheering. After two years without a COLA increase for their benefits, this much needed boost was a ray of sunshine to over 60 million retirees. However, the picture is not so great for the 160 million workers in America who are […]

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2012 COLA (Cost-of-Living Adjustment) 3.6% Increase for Social Security, SSI, Federal Retirees and Medicare Premiums


[Updated October 19 – Official 2012 COLA Increase is 3.6%] The Social Security Administration (SSA) announced that the Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 60 million Americans will increase by 3.6 percent in 2012. The 2012 COLA increase would be the first in two years, reflecting a rise in […]

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2012 COLA (Cost of Living Adjustment) Set to Increase by 3.6% For Social Security Recipients


[Updated for 2012 Social Security changes] The official 2012 COLA (cost-of-living adjustment) increase is 3.6%, as announced by the SSA. This will mean increased payments to social security recipients, federal employees (in 2013) and other groups whose pay/benefits are tied to COLA. The 2012 COLA increase would be the first in two years and is a much needed […]

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