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PDtax
PDtax, CPA firm owner
Category: Social Security
Satisfied Customers: 4678
Experience:  35 years tax and professional advice in all matters money
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Is there an increase in social security benefits?

Customer Question

is there an increase in social security benefits for 2016?
Submitted: 1 year ago.
Category: Social Security
Expert:  PDtax replied 1 year ago.

Hi from just answer. I'm PDtax. I'll assist.

Expert:  PDtax replied 1 year ago.

There is no COLA increase in 2016. It's a byproduct of the low interest rates of the last few years. Benefits are held at the same rate.

Thanks for asking at just answer. Positive feedback is appreciated. I'm PDtax.