Ask Larry

Will My COLA Increases Be Included When Calculating My Wife's Spousal Benefits?

My FRA was 12-2018. Will my PIA increase with COLA's when determining my wife's spousal benefits at her FRA in 3-2021? Thank you.


Yes. All Social Security cost of living increases (COLA) that occur after a person reaches age 62 are automatically credited to their primary insurance amount (PIA), regardless of whether or not they've started drawing their benefits. And, since unreduced spousal benefits are based on 50% of the worker's PIA, any COLA increases credited to you would affect the spousal benefit rate potentially payable to your wife.

Best, Jerry

Nov 29 2020 - 9:20am
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