At first glance, falling oil prices and the COVID-19 crisis may not seem related to Social Security benefits but a closer look shows they could have a serious impact on next year’s cost of living adjustment. Every year in October, the Social Security Administration sets next year’s benefit levels based on the Consumer Price Index. What will that mean in 20-21? Kingdom Advisors President Rob West breaks it down for us.

Click hereto visit our website to find a financial coach or a Certified Kingdom Advisor in your area. MoneyWise is made possible by your prayers and financial support. To give,click here now.

To support this ministry financially, visit: https://www.oneplace.com/donate/1372/29