https://clark.com/personal-finance-credit/investing-retirement/social-security-cola-2021/?
The SSA says the 1.3% cost-of-living adjustment (COLA) will begin with benefits payable to Social Security beneficiaries in January 2021. Increased payments to SSI beneficiaries will start at the end of December 2020.
Unfortunately the 1.3% COLA will be offset by any possible increase in Medicare payments. That did happen a couple of years ago and we saw less than $5 increase in our SS checks.