What happened to my cost-of-living increase?

Some seniors are asking “Why didn’t my Social Security go up?” despite the biggest cost-of-living adjustment in years. Beginning this month, Social Security benefits were slated to rise by two percent; however, some seniors won’t see any boost at all. In the attached article, Dan Caplinger explains the reason why. Read his article here…

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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.

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