According the the AARP, the 2.5% COLA adjustment introduced this year boosted the average Social Security retiree's payment ...

The Social Security Administration adjusts benefits based on the cost of living each year. Last year, beneficiaries received ...

It turns out the true cost of living is a little subjective. Correction (May 30, 2024): A previous version of this story misidentified the organization behind the cost of living index.

Social Security beneficiaries may see a slightly higher inflation adjustment to their benefits in 2026, based on new estimates from the latest inflation data.

Cost of living index scores compare a certain area to the national average. There isn’t one federal index, and not every index calculates the cost of living the same, according to Investopedia.

The annual cost-of-living adjustment for federal retirees is set, and for the second straight year, it may disappoint them. The Social Security Administration on Thursday announced that Social ...