
Social Security Announces 1.3% Cost of Living Adjustment (COLA) for 2021
In October, the Social Security Administration announced a modest 1.3% Cost of Benefit Living Adjustment (COLA) for 2021. How will this small increase affect retirees? The Social Security 2018 increase is big, but definitely NOT that big. The average Social Security recipients will receive a mere $20 monthly bump in 2021, which will buy you…