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Millions of Americans depend on Social Security to make ends meet. The annual cost-of-living adjustment (COLA) ensures benefits keep pace with inflation. However, experts predict a modest 2.4% ...
Learn about the Social Security COLA projection for 2026, including what it is, how it's calculated and what it means for ...
Everything from monthly benefits to what workers and beneficiaries owe in taxes has the potential to change in the upcoming ...
COLA may be wiped out by an 11.6% hike in Medicare Part B premiums, posing a financial setback for low-income seniors.
The official COLA won't be announced by the Social Security Administration until October, but it's worth paying attention to ...
The Administration announced 24/7 access to the My online portal starting in mid-July as part of a broader customer service ...
For millions of Social Security recipients in the United States, the Cost of Living Adjustment (COLA) is a critical part of their economic stability. This annual mechanism is a too ...
The 2026 annual cost-of-living adjustment (COLA) could come in light again based on recent data. Each year, millions of retirees wait anxiously for the Social Security Administration (SSA) to announce ...
Social Security is a major source of income for 74M Americans — but how far does the average check go? See average benefits ...
After the COVID-19 pandemic, 2022 saw a COLA increase of 5.9%, 2023 saw an all-time high COLA increase of 8.7%, and 2024 saw an increase of 3.2%, according to SSA.
The SSA says the 8.7% COLA will be applied to Social Security payments starting in January 2023, while increased SSI benefits will begin on 30 December 2022.
In recent years, the COLA has ranged from 0.3% in 2017 to 8.7% in 2023. These fluctuations are a reflection of the changing economic conditions and the impact they have on the cost of living.