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)
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
Social Security COLA change could boost benefits by using CPI-E, reflecting real senior expenses for fair cost-of-living increases.
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…
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…
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…