Browsing Tag
Cost-of-Living-Adjustment (COLA)
111 posts
The cost-of-living adjustments (COLAs) for Social Security are a key feature designed to help benefits keep pace with inflation. See below for the link to 401(k) Specialists COLA page for a comprehensive history and explanation of how they came to be and how they work.
Social Security Cost of Living Adjustment (COLA)
2022 Social Security COLA on Pace for Biggest Increase Since 2009
Based on consumer price index data through April 2021, it appears that the 2022 Social Security cost of…
May 12, 2021
‘Exploding’ Inflation Stressing Seniors Hampered by Tiny Social Security COLA
While skyrocketing lumber prices might not impact a significant percentage of retirees, fast-rising prices of many other goods…
May 10, 2021
Retirees Unhappy With 2021 Social Security COLA ‘Boost’
That 2021 Social Security cost of living adjustment (COLA) increase of 1.3% isn’t keeping up with real-world cost…
April 5, 2021
What Georgia Runoff Results Mean for Biden Retirement Agenda: Slideshow
Introduction With all that happened in the Capitol yesterday, it was a little hard to focus on the…
January 7, 2021
Top 401(k) Regulatory/Policy Story of 2020: COLA Complaints
The top regulatory/policy story wasn’t Reg BI, fiduciary rule, CARES, or PPP. It wasn’t really regulation or policy-related…
December 22, 2020
‘Emergency’ Bill Introduced to Increase Social Security COLA
Following the Social Security Administration’s announcement of a “meager” 1.3% cost-of-living adjustment (COLA) for Social Security beneficiaries in…
December 15, 2020
Social Security 2021: What Will and What Might Happen
Some changes impacting Social Security beginning in 2021 we know about, and other potentially more significant ones are…
December 4, 2020
2021 Social Security COLA Officially 1.3%
Another twenty bucks a month is what the average retired worker receiving Social Security benefits will receive in 2021 after the Social Security Administration announced today that the official Cost of Living Adjustment (COLA) for next year will be an increase of 1.3%.
October 13, 2020
Biden Backs This Change for Social Security COLA
Biden Social Security plan could boost COLA by using CPI-E, raising benefits for retirees and protecting their buying power.
September 28, 2020
Final 2021 Social Security COLA Prediction
Social Security recipients are likely to get a 1.3% cost of living adjustment in 2021, per a forecast today by The Senior Citizens League.
September 15, 2020