The process behind calculating the COLA remains a mystery to many. Here's what every retiree should know about how the COLA ...
My recent encounter on a simple question didn’t bode well.
The CPI is calculated by the U.S. Bureau of Labor Statistics and is used as a proxy for inflation. Every month, the BLS releases updated CPI data, showing monthly and annual changes in average prices.
As the costs of goods continues to increase nationwide, Social Security benefit adjustments aren't expected to keep up.
Purchasing power parity (PPP) is an economic concept that compares the relative value of currencies by examining the cost of ...
The Social Security COLA, or cost-of-living adjustment, is the process by which the Social Security Administration increases benefits to keep up with rising costs over time. While the general idea of ...
Cost-of-living adjustments have been something of a mixed bag for retirees over the last 16 years. The 2010s were a period of ...
Pensioners in the state and central government following the old pension scheme (OPS) get dearness relief (DR) along with their basic pension. DR can change as per the All India Consumer Price Index ...
If you're moving to San Diego this year, your monthly cost of living will be 20% more expensive than if you had made the move ...
It is indeed a challenging time for Nigerians to believe any positive statistical data that relates to income,  prices and standard of living due to the ...
For this reason, Social Security COLAs are tied to inflation directly. They're calculated based on third-quarter data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor.