Browsing Tag
Cost-of-Living-Adjustment (COLA)
107 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)
20 Social Security Facts for 2020
Social Security, the largest government program in the world, is projected to pay out $950 billion in benefits…
January 23, 2020
It’s Official: 1.6% Social Security COLA for 2020
Social Security COLA 2020 brings a 1.6% increase, raising benefits but concerns remain over buying power and retirement security.
October 10, 2019
Steep Social Security COLA Drop Expected for 2020
The Social Security cost-of-living adjustment (COLA) for 2020 will be considerably lower than the 2.8% COLA received this…
September 13, 2019
21st Century Beating Up on Social Security Buying Power
Not sure how this is possible in a low inflationary environment when interest rates were kept near zero,…
May 15, 2019
Social Security Announces Benefit Increase for 2019
The Social Security Administration announced its cost-of-living adjustment (COLA) for 2019, and it’s substantial (at least when compared…
October 11, 2018
Social Security Recipients Get COLA Raise in 2018
Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 66 million Americans will increase 2…
October 13, 2017
Yet Another Reason Why 401(k)s Are So Important
Low inflation means the cost-of-living adjustment for Social Security payments will once again be disappointingly small, rising just…
October 23, 2016