Browsing Tag
The Senior Citizens League
55 posts
Latest Social Security COLA Projects Increase of 3%
The rise is a 0.3% increase from last month's estimate of 2.7%
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%
Debt Ceiling Deal: Social Security Payments Likely Not Delayed; Student Loan Payments to Resume
President Biden and House Speaker McCarthy’s agreement to raise the debt limit expected to be see House vote on Wednesday
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
New Inflation Data Shows 2024 Social Security COLA Still Headed Below 3%
Latest forecast for next year’s cost of living adjustment stays below 3%, which would be significantly below this year’s 8.7% increase
Social Security Trust Fund Projected to be Depleted in a Decade
2023 Social Security Board of Trustees Annual Report projects nearly 25% benefit cut by 2033 absent Congressional action
2024 Social Security COLA Could Drop Below 3%
Looming recession could mean next year’s cost-of-living adjustment will fall well short of this year’s historic 8.7% raise
Inflation Moderating, But Will Social Security Recipients Catch Up?
New analysis from The Senior Citizens League finds the average Social Security benefit has fallen short of inflation by more than $1,050 since the start of the pandemic
2022 Social Security COLA Falling Well Short of Inflation
Average monthly benefit check trails inflation rate by 46%, The Senior Citizens League reports
Historic 8.7% Social Security COLA Finalized for 2023
Rising inflation causes highest raise in monthly benefits since 1981; will bump average monthly benefit check by more than $140