2014 COLA (Cost of Living Adjustment)

Social Security has announced an increase in the Cost of Living Adjustment for Social Security and SSI beneficiaries in 2014. The rates are as followed:

COLA SSI (individual)

1.5% (2014) $721/mo (2014)

1.7% (2013) $710/mo (2013)

For more information please visit www.socialsecurity.gov/cola.