Social Security Notices Showing Cost-of-Living Increases Available Online for Retirees
Author: internet - Published 2018-12-09 06:00:00 PM - (370 Reads)The Social Security Administration (SSA) has released its cost-of-living adjustment (COLA) notices online, reports USA Today . The notices display how retirees' monthly federal paycheck will be impacted by the 2.8 percent COLA hike for 2019 announced in October. Retirees can log onto their My Social Security account at https://secure.ssa.gov/RIL/SiView.action to estimate their new 2019 payment. The COLA notice will be posted in the message center. SSA's Dorothy Clark says the agency started mailing its paper notices on Dec. 3, and will continue doing so through Dec. 21. The SSA also began mailing COLA notices for supplemental security income benefits on Nov. 26 and will continue through Dec. 14. Retirees will in the future be able to choose to get their COLA notices online instead of via mail. Representative payees, individuals with overseas mailing addresses, and those who pay higher Medicare premiums because of income will not receive online notices this year, but the SSA intends to provide Web-based notices to more people in the future.