Browsing Tag
The Senior Citizens League
55 posts
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
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)…
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 Stock Market Run? Half of Retirees Have Not Recovered from Pandemic
Despite the stock market reaching record highs, an alarming number of retirees say their retirement account balances had…
2021 Social Security COLA Officially 1.3%
Another twenty bucks a month is what the average retired worker receiving Social Security benefits will receive in 2021 after the Social Security Administration announced today that the official Cost of Living Adjustment (COLA) for next year will be an increase of 1.3%.
Biden Backs This Change for Social Security COLA
Democratic Presidential candidate Joe Biden has floated a few ideas for how he would like to shore up…