Here’s how your Social Security cost-of-living adjustment is calculated – and what it could look like in 2021

Here’s how your Social Security cost-of-living adjustment is calculated – and what it could look like in 2021

People line up outside the Social Security Administration office in San Francisco.
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If you collect Social Security benefits, you’re probably already eagerly waiting to see what your cost-of-living adjustment will be next year.
New, early estimates from The Senior Citizens League, a nonpartisan senior group, point to a possible 1.5% COLA increase for 2021.
In 2020, Social Security…

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