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)
Social Security Backers Worry Cuts on House Speaker Johnson’s Agenda
Social Security Works, National Committee to Preserve Social Security and Medicare issue statements warning against Johnson’s call to form “debt commission” that could cut entitlement programs
October 27, 2023
COLA Conundrum: 80% of Retirees Want Better Inflation Protection
Survey finds most seniors want Social Security cost of living adjustment based on index that closer tracks costs of households 62 and older
October 16, 2023
It’s Official: 2024 Social Security COLA Set at 3.2%
Today’s announcement means average monthly check will increase by slightly more than $57 per month
October 12, 2023
Official 2024 Social Security COLA Announcement Set for Oct. 12
Final forecast predicted 3.2% raise which would be less than half of 2023’s inflation-fueled 8.7% bump
October 5, 2023
Final 2024 Social Security COLA Estimate Before the Real Thing: 3.2%
Last forecast increases slightly while the official cost of living adjustment for next year will be announced on Oct. 12
September 13, 2023
2024 Social Security COLA Watch: Latest Forecast Steady at 3%
July inflation data didn’t move the needle for The Senior Citizens League’s monthly cost-of-living prediction in advance of October’s official announcement
August 10, 2023
Latest Social Security COLA Projects Increase of 3%
The rise is a 0.3% increase from last month's estimate of 2.7%
July 12, 2023
Hottest Topics of 2023: Mid-Year Review of Most-Viewed Articles
The Fourth of July holiday marks the ideal time to look back at the issues sparking the most reader interest during the first half of the year
July 3, 2023
2024 Social Security COLA Tracker: Latest Estimate Dips Below 3%
With inflation at its lowest point since March 2021, The Senior Citizens League revises next year’s cost-of-living adjustment projection to 2.7%
June 13, 2023
2024 Social Security COLA Projection Now at 3.1%
May update based on new inflation data shows next year’s adjustment is on pace to fall well short of this year’s historic 8.7% increase
May 10, 2023