2020 cola

What is the 2020 COLA?

woman paying bills October 14th, 2019

The Social Security Administration recently announced the cost-of-living adjustment (COLA) will be 1.6% in 2020.  This increase applies to those receiving disability, retirement and veterans’ benefits. What is a COLA and How is it Determined? The COLA was created in order to increase benefits to account for the rising cost of consumer goods and inflation….

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