COLA (Cost of Living Adjustment)

Annual increase in Social Security benefits to help keep pace with inflation.

Delayed Retirement Credits

Increases to your Social Security retirement benefit for delaying benefits beyond full retirement age.

Government Pension Offset

Reduction in Social Security spousal/survivor benefits for government pensions.

Windfall Elimination Provision

Reduction in Social Security benefits for those with pensions from non-Social Security covered employment.

Average Indexed Monthly Earnings

The average of your highest 35 years of earnings, adjusted for inflation, used to calculate your Social Security benefit.

Primary Insurance Amount

The basic amount of your Social Security retirement benefit at full retirement age.

SSI (Supplemental Security Income)

Federal program providing monthly payments to people with limited income and resources who are disabled, blind, or age 65 or older.