The cost-of-living adjustment (COLA) will begin with benefits payable to in excess of 64 million Social Security beneficiaries in January 2022. Increased payments to nearly 8 million SSI beneficiaries will start on December 30, 2021.
From: https://www.ssa.gov/news/press/releases/2020/#10-2020-1 Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021, the Social Security Administration announced today. 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 […]
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