The National Directory of Certified Public Accountants

Ask A CPA - Social Security

Social Security - 2013 Cost Of Living Adjustment

The Social Security Administration, who made the wage base 2013 announcement (The wage base in 2013 is $113,700) also announced that people receiving social security benefits will get a cost of living adjustment (or COLA) adjustment in 2013. Social security benefits will go up 1.7% in 2013. They increased 3.6% in 2012.

If you need professional help with "Social Security" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.