Better Than A Kick In The Check: Social Security Admin Announces 2021 COLA Increase
Video Credit: Wochit Tech - Duration: 00:35s - Published
Better Than A Kick In The Check: Social Security Admin Announces 2021 COLA Increase
Americans collecting Social Security will see their benefits increase by 1.3% in 2021.
According to Business Insider, the Social Security Administration announced its annual cost-of-living increase on Tuesday, October 13th.
In June of 2020, the average retiree received a benefit of $1,514.
That means that the average retiree can expect to see an increase of $19.68 per month.
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