COLA, Social Security

Retirees who stop working at the Full Retirement Age, currently set at 67, can receive a maximum benefit of $4,018 per month.
If you receive Social Security benefits, you are getting a Cost of Living Adjustment (COLA) this year. This means your retirement benefits check is going to be bigger than it was before.
Nearly 68 million Americans receive Social Security benefits each month. Here are three myths that can cause confusion and anxiety.