Will your Social Security check change next year?
There’s been a lot of publicity about the forthcoming 2% cost of living adjustment (COLA) that will affect 10’s of millions of Social Security recipients in 2018. And when you think of a cost of living adjustment, you might also believe that means that your Social Security benefit amount will be going up by 2%. But if you are one of the millions of people who have been protected by the “hold harmless” provision in previous years, you may be surprised when your first 2018 benefit payment arrives in January. This CNBC article by Lorie Konish suggests that now is the time for you to find out how your Social Security payment may, or may not, change next year. Click here to read more.