Cost of Living Adjustment increases 1.6% in 2020, Contribution Base increased to $137,700

With the release of the CPI report this morning, we now know the Cost of Living Adjustment (COLA), and the contribution base for 2020. From Social Security: Social Security Announces 1.6 Percent Benefit Increase for 2020 Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 2020, […]

source https://thebtrader.com/2019/10/10/cost-of-living-adjustment-increases-1-6-in-2020-contribution-base-increased-to-137700/?utm_source=rss&utm_medium=rss&utm_campaign=cost-of-living-adjustment-increases-1-6-in-2020-contribution-base-increased-to-137700