"Social Security Announces 1.6% Benefit Increase for 2020"
"The Social Security Administration (SSA) on Oct. 10 announced that the monthly Social Security and Supplemental Security Income (SSI) benefits will increase 1.6% in 2020. The change will affect nearly 69 million Americans.
"The 1.6% cost-of-living adjustment (COLA) will begin with benefits payable to more than 63 million Social Security beneficiaries in January 2020. Increased payments to more than 8 million SSI beneficiaries will begin on Dec. 31, 2019."
"Social Security Announces 1.6% Benefit Increase for 2020"
"The Social Security Administration (SSA) on Oct. 10 announced that the monthly Social Security and Supplemental Security Income (SSI) benefits will increase 1.6% in 2020. The change will affect nearly 69 million Americans.
"The 1.6% cost-of-living adjustment (COLA) will begin with benefits payable to more than 63 million Social Security beneficiaries in January 2020. Increased payments to more than 8 million SSI beneficiaries will begin on Dec. 31, 2019."
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