collage of blue Social SEcurity cards (Photo: Shutterstock)

The Social Security Administration announced the 2021 cost of living adjustment (COLA) will be 1.3%.  Approximately 70 million Americans' benefits are affected by the increase, though slight, in Social Security and Supplemental Security Income (SSI).  In fact, the 2021 COLA may be the lowest ever, according to The Senior Citizens League.

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C.J. Marwitz

C.J. Marwitz is a writer and editor.

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