Ask Larry

Why Didn't I Get The 2022 COLA?

Why did I not get the $90 COLA for 2022

Hi. Without knowing your year of birth and the type of Social Security benefit(s) that you qualify for, I can't tell you whether or not you were eligible to receive a cost of living (COLA) increase. I can tell you that all people who turned age 62 on or before January 1 2022 should have had the 5.9% 2022 COLA added to their Social Security retirement benefit rate regardless of whether or not they were collecting benefits when the COLA occurred.

Best, Jerry

Sep 5 2022 - 9:07pm
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