Your Social Security check could get a boost in 2020 — here's why

11:45 AM ET Thu, 12 Sept 2019

For those collecting Social Security, your monthly check could be getting bigger soon. The Senior Citizens League is predicting a 1.6% cost-of-living adjustment for 2020. The nonpartisan organization has a strong track record for accurately estimating the increase, which is reevaluated by the Social Security Administration every year. This video explains what a cost-of-living adjustment is and why you should pay careful attention to it.