Social Security Benefits Increase in 2020

October 10, 2019 • By

Reading Time: 1 Minute

Last Updated: October 10, 2019

When we announce the annual cost-of-living adjustment (COLA), there’s usually an increase in the Social Security and Supplemental Security Income (SSI) benefit amount. Federal benefit rates increase when the cost of living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W).

The CPI-W rises when inflation increases, it makes your cost of living go up. This change means prices for goods and services, on average, are a little more expensive, so the COLA helps to offset these costs.

As a result, nearly 69 million Americans will see a 1.6 percent increase in their Social Security and SSI benefits in 2020.

January 2020 marks other changes that will happen based on the increase in the national average wage index. For example, the maximum amount of earnings subject to Social Security payroll tax. The retirement earnings test exempt amount, will also change in 2020.

Want to know your new benefit amount as soon as possible? In December 2019, we will post Social Security COLA notices online for retirement, survivors, and disability beneficiaries who have a my Social Security account. You will be able to view and save these COLA notices securely via the Message Center inside my Social Security.  You can also opt out of receiving notices by mail that are available online.

Be the first to know! Sign up for or log in to your personal my Social Security account today. Choose email or text under “Message Center Preferences” to receive courtesy notifications. This way you won’t miss your online COLA notice!

You can find more information about the 2020 COLA here.

Did you find this Information helpful?

Thanks for your feedback!
See Comments

About the Author

Darlynda Bogle, Assistant Deputy Commissioner

Darlynda Bogle, Assistant Deputy Commissioner


  1. Rick M.

    1.6%! That’s an insult. The COLA has lagged behind the inflation rate all along and that’s just the Gov’t published rate. The true inflation rate is considerably more. Have you personally purchased groceries? I think these numbers are generated by people who work numbers behind a desk, who have someone else do their shopping and fixing of meals – and other consumer goods. Our Medicare costs have always exceeded the COLA so the net result is a loss of benefit each year while the cost of living goes up.

  2. Jane

    Can’t you do better than 1.6%???

    • Rick M.

      Of course they can. But they won’t. They need it for their $5,000 raise in Congress.

  3. William /.

    Well let me “Calculate”,
    !. The Corp.s received Cuts in Their Taxes by 15 to 20 % to “Keep them in America ! And the Middle Class Workers Get, less than 40 hr. work week, with Little or No Benefits ! that really Helps !
    2. Mom and Dad are finally Retired ! And now We can pay for Our Sons & Daughters to Live with Us. Due to Their Unlivable Wages ?
    3. Now We will receive 1.8% COLA ! Lets MAGA !

  4. sandra w.

    1.06% is an insult to millions of tax payers ,and yet Obama and democrates stole our money yes ours and those billions must be paid back in full and seniors must demand they do , just like you borrow from a bank you have to pay back

    • connie c.

      Sandra Warner: It is spelled democrat and republicans have borrowed just as much from social security as democrats. It is always a bipartisan congress. Which political party started taxing Social Security annuities?
      The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bipartisan vote.

  5. Barbara M.

    Whenever recipients receive a cost of living increase the amount of the cost of Medicare also goes up so why bother to give a cost of living increase. If he government is giving a cost of living raise recipients should not have to pay it out for the cost of Medicare.

  6. Stephan O.

    What another $ 3.00 increase and you take back $ 2.00 they have raised my ins.for my truck up $ 10.00 and my rent went up 50 dollars, are you going to give us more money to catch up with all the increases?

  7. Mellon C.

    Always thankful for the COLA increases…too bad when you notify folks that they will be getting an increase in SS …. you backdoor them with an increase in Medicare premiums and deductibles. It appears my SS check for 2020 will be LESS than it was in 2019. Great Job Guys. Keep up the good work..

    • S T.

      No, your benefits will not go down. You will pay less than the full amount of the Medicare premium if paying the new amount would reduce your net benefit amount.

  8. Elizabeth S.

    I need to. Know the email address for the ticket to work program
    Elizabeth S. Weller

    • Ann C.

      Hi, Elizabeth. The Ticket to Work is a voluntary program from Social Security that provides most people receiving Social Security benefits more choices for receiving employment services. For more details about the ticket to work program visit here. You can also contact the Ticket to Work Help Line at 1-866-968-7842, Monday through Friday from 8:00AM – 8:00PM EST to discuss your options. We hope this helps.

  9. JIm &.

    Well, I guess we are blessed just to be able to get SS. However, if I can I would like to say how the new tax laws are diminishing our return. With the elimination or cutting back of deductions especially the health deduction, we are now paying dollars to the IRS that we never paid before. I will be 83 in December and my wife just turned 81 with beginning early-on dementia. So there is a possibility of even more medical costs. Thanks for giving me the opportunity to share this with you.

  10. Annie

    would you please explain how this percentage of 1.8% increase in seniors SS checks for 2020 was determined????!!!
    1.8% seems to me very tiny increase in this US Economy NOW!!! that is out of control!!! .How do i figure out how much of an increase this will be for my SScheck????
    Thank you for your help!

Comments are closed.