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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Is It True That I Won't Receive The 5.9% COLA Because I Didn't File In Time?
I Larry i born on 1956 i apply for my retirement on november 2 2021 i specting to recive my first check i will recive the 5.9 increase from cola i was told no from social security because i was not recivin checks until november
Hi. What you were apparently told by Social Security is wrong. Since you were born prior to January 2 1960, no matter when you start drawing your Social Security retirement benefit your benefit rate will be credited with the upcoming 5.9% cost of living (COLA) increase.
Best, Jerry
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December 29, 2021