Ask Larry

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.

Will I Receive The COLA Benefit In 2022?

I turned 70 in April 2021. I am already receiving SSI. Will I receive the COLA benefit in 2022?



Hi. Yes. In fact, all Social Security cost of living (COLA) that occur after a person turns age 62 are added to their Social Security retirement benefit rate regardless of whether or not they've started drawing benefits.

Best, Jerry

Posted:
October 6, 2021