Federal Retirement News


Sunday, August 4, 2019

5 Social Security Changes in 2020 That Could Affect Your Take-Home Income

5 Social Security Changes in 2020 That Could Affect Your Take-Home Income

Article Excerpt: "...Since we don't know what the reading for July through September will be, 2020's COLA remains undetermined at this point. However, most forecasts have called for a COLA of perhaps 1.7% to 1.8% next year, which would lead to an increase pay for the average retired worker of about $25 a month, based on the average payout of $1,471 a month, as of June 2019..."



Resource: yahoo.com



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