Browsing Tag
Cost-of-Living-Adjustment (COLA)
80 posts
It’s Official: 2022 Social Security COLA is Highest in 40 Years
5.9% cost of living adjustment announced this morning will boost the average monthly benefit by $92
Fresh New-Look Social Security Statement Debuts
Redesigned look and feel to statements replaces old text-heavy four-page document with two pages of “easy to read” boxes, charts and graphs
2022 Social Security COLA: Final Estimate Confirms it Will More Than Quadruple
The Senior Citizens League narrows down what official cost of living adjustment for next year will be to within a tenth of a percent
Pandemic Leads to Big Spike in Social Security Beneficiary Deaths
Nearly 400,000 more Social Security beneficiaries died in 2020 than in 2019 according to newly released information, highlighting…
2022 Social Security COLA Estimate Ticks Up Yet Again
The annual Social Security cost-of-living adjustment (COLA) could be 6.2% percent next year—the highest in almost four decades…
Social Security COLA Estimate Rises Again on Inflation Fears
Citing higher gasoline prices and sharply rising inflation overall, The Senior Citizens League (TSCL) has updated its estimate…
‘Fair COLA for Seniors Act of 2021’ Introduced in House
Momentum continues to build for changing the tether for calculating Social Security’s annual cost of living adjustment (COLA)…
Social Security COLA Estimates Rise Sharply on Inflation News
The U.S. Bureau of Labor Statistics released the latest Consumer Price Index (CPI) and—as expected—it reflected increasing inflation.…
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…
‘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…