payco 2021 end of year information

The Social Security Administration has approved a cost-to-live increase for all Social Security recipients. This will be the highest increase in many years at 5.9%. Beginning in January, you will see this increase in your account. If you would like to change your budget to include your additional funds, please contact your Account Manager for a budget change prior to December 22, 2021. If you do not request a budget change, the additional funds you receive will be kept in your account and you can make arrangements for those funds as needed.
 
 This will also increase PayCo’s fee to $48.00/mo effective January 2022 as approved by the Social Security Administration.
 
Our office will be closed for the holidays as listed below:
Thursday, November 11th – Veterans Day
Thursday, November 25th and Friday, November 26th – Thanksgiving Holiday
Thursday, December 23rd and Friday, December 24th – Christmas Holiday
Friday, December 31st- Closed for New Years Holiday

For more information on the COLA please visit the SSA website: 
https://www.ssa.gov/oact/cola/latestCOLA.html