Browsing Tag
Cost-of-Living-Adjustment (COLA)
113 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)
2023 Social Security COLA: Another Major Increase Likely
VERY early 2023 projection from The Senior Citizens League shows next year’s cost of living adjustment could far eclipse 2022’s 5.9% increase
Half of Social Security Beneficiaries May Pay Tax on 2022 Benefits
New survey from The Senior Citizens League shows retired and disabled taxpayers are “more uncertain than ever” about their tax liability this year
When Will Fatter 2022 Social Security Checks Arrive? (And More New Year Changes)
The New Year brings with it a 5.9% COLA increase for beneficiaries, but also a record Medicare Part B increase and some additional limit adjustments
4 Biggest Social Security Worries Heading Into 2022
A look at key factors including looming insolvency, inflation and demographic challenges facing the country’s largest entitlement program
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…