Every year, the Social Security Administration takes data collected by the U.S. Bureau of Labor Statistics to adjust Social Security benefit amounts, in what they call the Cost of Living Adjustment, or COLA.
These adjustments usually reflect changing dollar values in the U.S. economy and the average cost of life for the American workforce; however, 2016 is different.
At Disability Experts of Florida, our service extends beyond helping those in need - we also aim to keep our readers and clients informed on industry news and changes to their Social Security benefits.
In this free guide, you will learn:
- The 2016 Cost of Living Adjustment amount and what it means for your benefits
- How COLAs are calculated and applied
- Ways COLAs have drastically changed Social Security benefits in the past
- What you can do to make sure you get the full benefit amiunt you deserve
Our guide on the 2016 COLA contains all you need to know about the current adjustment rate and your Social Security benefits. To access the guide, fill out the form on this page today!