Social Security COLA

“Social Security beneficiaries are projected to receive a 2.2% cost-of-living adjustment [COLA] next year, the most since 2011,” according to a news story published last month in USA Today. This will mean a bump of about $30 a month for the average retired worker and about $26 more per month in the pocket of the average Social Security Disability Insurance (SSDI) recipient.

The Cost of Living Allowance (COLA) this year was only .3% and there was no increase at all in 2016, because of the very low rate of inflation.

Timothy J. Cuddigan
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Omaha Social Security and Veterans Disability Lawyer With Over 40 Years Experience
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