Social Security COLA (Cost of Living Adjustment) for 2015 Looks Like 1.5% to 1.7%

[SeaBreeze]

The Social Security COLA (cost of living adjustment) for 2015 looks like 1.5% to 1.7%...http://seniorjournal.com/NEWS/Socia...r_2015_Looks_Like_1.5,_Maybe_1.7,_Percent.htm

Oct. 19, 2014 - Senior citizens are going to receive a Social Security cost-of-living adjustment (COLA) of about 1.5 percent for 2015 according to projections releases today by the Office of the Chief Actuary at the Social Security Administration. Based on current projections the increase could, however, be as high as 1.7 percent or as low as 1.4%. This is also consistent with projection in the Trustees’ Report issued earlier this year. The official pay raise for seniors may be announced as early as Wednesday but no later than October 30.

 

[LogicsHere]

SS COLA for 2015 to be 1.7% announced this morning. No increase in the Part B premiums.

 

[Son_of_Perdition]

Yep read that but that means that the utility/cable companies are also reading it. It will be interesting to see who decides first to raise my rates and grab the spoils.