It's likely to be average to slightly above average, based on recent projections. COLAs are tied to the inflation rate, so higher inflation leads to a bigger COLA. You don't have to wait until the ...
Benefits will be paid as usual in December, following the government shutdown that lasted from October to mid-November.
In just a few weeks, nearly 73 million people receiving Social Security benefits will learn of a change coming to their payments. Every year, the Social Security Administration assesses a Cost Of ...
The annual Social Security cost-of-living adjustment is based on inflation data from the Bureau of Labor Statistics. History says inflation will likely climb over the summer, leading into the months ...
Note that in years where cost-reducing deflation rather than price-increasing inflation took shape (like 2010, 2011, and 2016), the Social Security Administration doesn't reduce the size of anyone's ...
Social Security’s annual increase is intended to help beneficiaries offset the impact of inflation. Only a relatively small set of data, however, is used in the calculation of this cost-of-living ...