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Social Security Benefit to Increase 2.8 Percent in 2019

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Social Security benefits will increase 2.8 percent in 2019, the largest cost-of-living adjustment (COLA) in seven years. AARP Chief Executive Officer Jo Ann Jenkins said in response, “The COLA brings needed income security to those depending on their earned, modest benefits. Unfortunately, the cost of living increase may not adequately cover expenses, including health, prescription drug, utility and housing costs.” (Read more...)

 

For answers to Social Security questions, including when to claim, AARP has launched the Social Security Resource Center, a one-stop shop for consumer information.

 

What do you think about the 2.8% COLA increase?

 

 

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