Latest News
How the largest “raise” in seven years is not necessarily a reason to celebrate
In October, the Social Security Administration announced the COLA (cost-of-living adjustment) for the upcoming year will be 2.8 percent which represents the highest benefit increase since 2012. However, not everyone is going to see this full increase in benefits. In Sean Williams’ article he states: Beneficiaries will be receiving their largest “raise” in seven years, but it’s not necessarily a reason to celebrate. Click on link to find out why. Click 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.