Latest News
2021 COLA Projections and the Likelihood of a “Zero Year”
Based on what’s happening in the economy these days, it appears possible–maybe even likely–that the Social Security Cost-of-Living-Adjustment (COLA) may be zeroed out for 2021. Citing the collapse of prices in the fuel markets as a leading reason why the consumer price index used to calculate COLA will not provide for a positive adjustment, Paul Brandus, White House bureau chief for West Wing Reports, provides an analysis of what;s likely to happen in a post on marketwatch.com. Read his article here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.