Personal Finance

5 Things to Do if You Need More Than a 1.3% Social Security COLA

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Social Security recipients will get a raise in 2021 — but for the average retired worker, it will amount to just $20 extra per month. The Social Security Administration announced a 1.3% cost of living adjustment that will take effect in January 2021. It will be the lowest COLA since 2017, when benefits increased by […]

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This article originally appeared on The Penny Hoarder