Ask Larry

Why Would I Be Eligible For Survivor Benefits But Not Be Eligible For A COLA?

I received a letter from SSA that I would be eligible for surbiv's benefits but that I would not be eligible for COLA. Why is that?

Hi. I can't give you a proper answer without more details. Social Security cost of living (COLA) increases are added to all Social Security benefits, including survivor benefits. So, if you're currently eligible to collect survivor benefits, then all future Social Security COLA increases would be added to your survivor benefit rate.

It sounds like you should strongly consider using our software (https://maximizemysocialsecurity.com/purchase) to fully analyze all of your options so that you can determine your best strategy for maximizing your benefits.

Best, Jerry
.

Posted: 
Jul 25 2022 - 1:29pm
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.