Social Security Announces 2.8 Percent Benefit Increase for 2019

Social Security Announces 2.8 Percent Benefit Increase for 2019  

Social Security and Supplemental Security Income (SSI) benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced today. The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 62 million Social Security beneficiaries in January 2019.  Increased payments to more than 8 million SSI beneficiaries will begin on December 31, 2018.  (Note: some people receive both Social Security and SSI benefits).  The Social […]