Social Security COLA Increase

Post Date: 10/14/19  |   Last Updated: 10/14/19  |   Return to Tax Industry News
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Cross References
- www.ssa.gov

The Social Security Administration has announced that Social Security and Supplemental Security Income (SSI) benefits will increase by 1.6% for 2020. The chart below identifies key figures that are affected by the annual Cost-of-Living Adjustment (COLA) for the years 2018 through 2020.

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