Social Security COLA 2021

Based on just released CPI data, the 2021 COLA will be 1.3%.

Here’s the calculation using the CPI -W

253.412-250.199/250.199 X 100 = (adjusted to the nearest 1/10 of 1 percent = 1.3%

253.412 and 250.199 are the average CPI-W for July, August, September 2020 and 2019

4 comments

    1. The COLA is applied to your gross benefit before any deductions. Medicare premium not yet released, but was projected to increase about $8.00 However, for 2021 Congress limited the increase to 25% of the actual number.

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