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Dimitry K., Esq.
Dimitry K., Esq., Attorney
Category: Social Security
Satisfied Customers: 41220
Experience:  Licensed in multiple jurisdictions, experienced business attorney.
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I now draw $1649.00 a month. What is my increase?

Customer Question

I now draw $1649.00 a month. What is my increase for 2016?
Submitted: 1 year ago.
Category: Social Security
Expert:  Dimitry K., Esq. replied 1 year ago.

Thank you for your question. Please permit me to assist you with your concerns.

For the year 2016, there will be no COLA (Cost Of Living Adjustment). The Social Security Administration formally announced it last week. Therefore the amount that you will receive will continue to be the same from last year to today.

Sincerely,

Dimitry, Esq.