October 15
Typically, SSA announces the COLA in October. Last year it was October 15th!
The increase in social security benefits for 2014 was 1.5.
In this case you should notify the Social Security Office of your marriage. it might increase the amount of your social security benefit's, if your husband or wife also collect social security payments.
To increase the amount of social security money you receive, you can work longer and earn more money, as social security benefits are based on your highest 35 years of earnings. Additionally, delaying your retirement age can also increase your benefits.
May br
SURE IT WILL. And if you continue to work and contribute to the social security and medicare insurance program until age 70 your benefits will continue to increase.
if i am receing my spouse social security is it possible for me to get my own when i am 66 years old
No one knows yet.
yes
No. The last increase was in 2008; there will be no change for 2010 or 2011.
Your age does not affect the requirement to pay SS taxes. Yes, as you gain additional work credit, your benefits may increase.
When a persons work they are productive and as a result of this increase the amount of cash that finds its way into the hands of the Government. Not to mention that a number of people that would otherwise have ended up relying on social security are still supporting them selves, instead of drawing money from social security.