COLA helps to offset the increase in prices for everyday items and services due to inflation. However, given that inflation currently stands at around 3%, COLA might not quite cover those expenses, ...

As seniors face rising prices for shelter and medical services, their annual benefit boosts aren't keeping up.

Social Security provides benefits to more than 71 million Americans, including retirees, veterans and dependents. While benefits are initially calculated based on a worker's earnings record, these ...

The Social Security Administration will announce the COLA once it knows the CPI-W figure for September. It bases the COLA on the average increase in third-quarter inflation data from the current year ...

Although the 2.8% COLA is only 0.3% more than the 2.5% increase in 2025, it isn't far from the historical average. Profit and prosper with the best of expert advice on investing, taxes, retirement, ...