[Raycpa]

What is a COLA?
Legislation enacted in 1973 provides for cost-of-living adjustments, or COLAs. With COLAs, Social Security and Supplemental Security Income (SSI) benefits keep pace with inflation.

Latest COLA
The latest COLA is 2.8 percent for Social Security benefits and SSI payments. Social Security benefits will increase by 2.8 percent beginning with the December 2018 benefits, which are payable in January 2019. Federal SSI payment levels will also increase by 2.8 percent effective for payments made for January 2019. Because the normal SSI payment date is the first of the month and January 1 is a holiday, the SSI payments for January are always made at the end of the previous December.
https://www.ssa.gov/oact/cola/latestCOLA.html

[spacejunkie2001]

thanks. I knew it passed but the point is that dems voted against the increase...did they this round of COLA or last round do you know?

[EQAndyBuzz]

Any word on increase to disability payments to disabled US veterans?

[ridesthemiles]

Can anyone tell me the components of the COLA increases?