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Here's the Highest Your Social Security Increase Is Likely to Be

TheMotleyFool

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Here's the Highest Your Social Security Increase Is Likely to Be: https://g.foolcdn.com/editorial/images/701379/person-with-arms-folded-laptop.jpg

If you receive Social Security benefits, you've undoubtedly heard that a big raise is on the way. The Social Security Administration (SSA) expects to announce just how much that raise will be in mid-October.

Some predicted earlier this year that the Social Security cost-of-living adjustment (COLA) could be close to 11%. That big of a boost probably isn't going to happen. So what should you expect? Here's the highest your Social Security increase is likely to be.

Image source: Getty Images.

Source Fool.com

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