Everyday People Matter
Some good news appears on the Social Security horizon. Benefits increase, premiums decrease, and the amount you can earn while receiving retirement goes up. For those in the higher income brackets, more income will be taxed however. For the first time in years, SSA...
The Social Security Administration announced a cost-of-living adjustment (COLA) increase of 5.9 % for disability beneficiaries in 2022. It was the highest COLA increase in years, taking into consideration inflation and the increase in the cost of basic goods and...
The Social Security Administration (SSA) has announced a Cost of Living Adjustment (COLA) increase for both Social Security disability benefits as well as Supplemental Security Income benefits. Disability beneficiaries will receive a 1.6% increase in their benefits, applying to all Social Security disability benefits from January 2020. Another important announcement by the SSA has to do with the increase in…
On October 11, 2018, the Social Security Administration (SSA) announced that social security payments will increase for more than 67 million Americans in 2019 as part of the cost-of-living adjustment. Payments are set to rise 2.8% for social security beneficiaries 2019, as a result of inflation. This increase will take effect on December 31, 2018, for the 8 million recipients…
Beneficiaries of Social Security who are currently receiving payments are likely to see a small increase in monthly benefits. There was a cost of living adjustment beginning in in January 2013. Social Security instituted a 1.7% increase in the annual cost-of-living adjustment, and this will result lead in a slight increase in monthly benefits for Social Security beneficiaries. The increase…