Ask Larry

When We Receive A COLA Next Year Will They Add The COLA To Both My Husband's Benefit And My Spousal Benefit?

I am receiving spousal benefits. Next year when we receive COLA, will they add COLA to my husband's PIA and recalculate the amount I receive in spousal benefits each month?

Hi. Yes. Percentage cost of living (COLA) increases are applied to all Social Security benefits, including spousal benefits.

Best, Jerry

Posted: 
May 24 2021 - 9:25pm
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.