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Social Security Announces 2.8 Percent Benefit Increase for 2019

Social Security Announces 2.8 Percent Benefit Increase for 2019

Social Security and Supplemental Security Income (SSI) benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced today.

The Social Security Act ties the annual COLA to the increase in the Consumer Price Index as determined by the Department of Labor’s Bureau of Labor Statistics.

Learn More
Social Security Administration –  Press Release 

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About Sharon Calhoun

Sharon Calhoun serves as a Principal and as a Senior Wealth Advisor at Vector Wealth Management. She also directs Vector’s Advanced Planning Group, which develops client centered and integrated wealth management solutions.

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Vector Wealth Management is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

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Sharon Calhoun

About Sharon Calhoun

Sharon Calhoun serves as a Principal and as a Senior Wealth Advisor at Vector Wealth Management. She also directs Vector’s Advanced Planning Group, which develops client centered and integrated wealth management solutions.