Use the sheet to learn how much money you should have right now. Locate your FICA wage data in your Social Security statement column labeled “Taxed Social Security Earnings” and enter it in that spreadsheet next to each year that you worked. The bottom line shows how much our mutual fund would be worth today had that money been invested.
The Social Security Administration has announced a 2.8% increase in Social Security and Supplemental Security Income (SSI) benefits for 2019. This increase will benefit more than 67 million Americans. This cost-of-living adjustment (COLA) is the largest in seven years.