Social Security recipients, we have good news: the Social Security Administration (SSA) has released their annual Cost of Living Adjustment (COLA), and we’re happy to report that there is an increase of 2.8%, the largest increase since 2011.
Designed to keep up with the ever-changing cost of living, this social security adjustment gives you a nice boost in benefits.
Download the 2019 COLA Report
To gain a better understanding of the 2019 COLA and what it means for you and your family, download our 2019 COLA ebook for an informative look at each of the following:
How the COLA is calculated
- How the US Bureau of Labor Statistics uses price index statistics to gauge the economy in order to determine annual COLA
- The formulas behind the COLA increase.
- The impact of past COLAs (view adjustments from 1975 through 2018)
- The history of the COLA (a form of SSA benefits dates back to 1940!)
Have more questions about the 2019 COLA? Chat with an experienced Social Security disability advocate today.