Retirement Benefits Slated to Increase in 2019

October 16, 2018 | posted in: Blog | by

As of 2019, retired Americans who collect Social Security recipients will get the biggest COLA bump in seven years. Retirement benefits are slated to rise 2.8% next year, based on the formula that determines annual cost-of-living adjustments in Social Security. It’s the biggest gain since a 3.6% advance in 2012. Read more from Jeffry Bartash here.