Social Security to increase slightly
Because of an increase in the Consumer Price Index as determined by the Department of Labor’s Bureau of Labor Statistics, more than 67 million Americans will get a 2.8 percent cost-of-living increase in their Social Security and Supplemental Security Income benefits in 2019.
Social Security recipients will get their increase in January. SSI recipients will get their increase Dec. 31.
Medicare premium changes for 2019 have not been announced. The Social Security Administration won’t be able to compute final benefit amounts for recipients with Medicare until premium amounts are announced.
Social Security recipients will get COLA notice informing them of their final 2019 benefit amount by mail in December.
Last modified Oct. 18, 2018