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Social Security COLA for 2012… Finally!

October 26, 2011 By kristine Leave a Comment

Good news for the millions of Americans who rely on Social Security… they will be getting a raise in 2012, the first time since 2009. The Social Security Administration (SSA) announced that the cost of living allowance (COLA) increase for 2012 will be 3.6%. According to SSA, the average monthly benefit for retirees will increase […]

Filed Under: Social Security Tagged With: cola, Cost of living, Social Security, social security cola, social security cola 2012

No Increase In Social Security Benefits for Retirees Next Year

July 1, 2009 By kristine 1 Comment

Earlier this year, retirees on Social Security saw one of the largest COLA increases they’ve seen in years – since the 1980s to be exact.  Unfortunately, the Social Security COLA is expected to be zero for the next few years. If you’ve been receiving Social Security for a while, you know that your benefits are […]

Filed Under: Retirement Benefits, Social Security Tagged With: cola increases, colas, Congressional Budget Office, Consumer price index, Cost of living, cost of living adjustment, cpi, Inflation, Medicare, Medicare Part B, Retirement, Social Security, social security benefits, social security check, social security checks, social security cola, social security retirement

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