SSA Announces 2015 COLA Increase of 1.7%

On Oct. 22, 2014, the Social Security Administration (SSA) announced that the cost of living adjustment for 2015 benefits will be 1.7 percent. This means that recipients of Social Security and Supplemental Security Income (SSI) benefits will see a 1.7 percent increase in their monthly benefit amount as of Dec. 31, 2014.

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