Cost-of-Living Adjustment (COLA) Information for 2021

Cost-of-Living Adjustment (COLA) Information for 2021:
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021.
The 1.3 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 64 million Social Security beneficiaries in January 2021. Increased payments to more than 8 million SSI beneficiaries will begin on December 31, 2020. (Note: some people receive both Social Security and SSI benefits). For more information visit: https://www.ssa.gov/cola/