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Social Security’s cost-of-living adjustment could be …
In 2021, the Social Security cost-of-living adjustment was 1.3%. The increase is culled from the latest Bureau of Labor Statistics data in the Consumer Price Index for Urban Wage Earners and …
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What is the Social Security cost-of-living adjustment for 2021?
In 2021, the Social Security cost-of-living adjustment was 1.3%. The increase is culled from the latest Bureau of Labor Statistics data in the Consumer Price Index for Urban Wage Earners and Clerical Workers, or CPI-W. The Social Security Administration uses that index to calculate its cost-of-living adjustment each year.
Will inflation hurt Social Security recipients in 2021?
The Social Security Administration typically announces next year’s adjustment in October. Consumer price data through May shows that Social Security recipients have lost buying power, according to The Senior Citizens League’s research. If current inflation trends continue, “the loss of buying power could grow deeper in 2021,” Johnson said.
How much will Social Security benefits increase in 2022?
But just how much further an increase to those monthly benefit checks will go will depend a lot on inflation. The Senior Citizens League, a nonpartisan senior group, released its first official estimate for 2022 on Wednesday, indicating there could be a 4.7% bump to benefits starting next January.
When will the new sy0-601 security+ exam be available?
The new SY0-601 version of the Security+ exam will be available in November 2020; however, version SY0-501 does not retire until July 31, 2021. Infosec’s authorized CompTIA Security+ Boot Camp will continue training to SY0-501 until spring 2021, at which point we will begin training to the new SY0-601 version of the exam.
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