Tag: COLA

USA social security card overflowing with cash to illustrate budget crisis

But over the last four years, the COLA has fully protected retirees. The inflation data for August gives us a pretty good idea about the likely magnitude of Social Security’s cost-of-living adjustment (COLA) for 2025.  This automatic indexing of benefits to keep up with rising prices – always a wonderful feature of our Social Security…

Man shopping with a list

Highly likely that benefits will increase by more than 9 percent. The time has come to speculate about Social Security’s cost-of-living adjustment (COLA) for 2023. Automatic indexing of benefits to keep up with rising prices is a wonderful feature of our Social Security program.  Since the COLA first affects benefits paid after Jan. 1, Socia…