Tuesday Tip: Cost-of-Living Increase

Posted On: November 3, 2020

Today we discuss the recent Cost-of-Living Adjustment. The Social Security and Supplemental Security Income benefits will go up 1.3-percent in 2021. Vickie talks about what to do about the remaining months of 2020 and into the first quarter of 2021.

cost-of-living

The COLA affects about 70 million Americans. You can find information from the Social Security Administration below.

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