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What Is the Social Security COLA for 2020?

July 23, 2019

From the Kiplinger website

Look for the Social Security cost-of-living adjustment (COLA) to be 1.6% for 2020, estimates The Kiplinger Letter, down from the 2.8% COLA increase retirees and other beneficiaries received at the start of 2019. For 2021, The Kiplinger Letter is forecasting a COLA increase of around 2.0%.

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