Social Security Announces 1.3 Percent Benefit Increase for 2021 

Situation Report | October 19, 2020

On October 13, the Social Security Administration announced that Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021. 

See here for information on how this affects Social Security, including maximum taxable earnings, average benefits and more.