As the costs of goods continues to increase nationwide, Social Security benefit adjustments aren't expected to keep up.
Mary Johnson, an independent Social Security analyst, said: "COLA doesn't keep pace with real inflation. The year-over-year ...
Cost-of-living adjustments have been something of a mixed bag for retirees over the last 16 years. The 2010s were a period of ...
The Federal Reserve has been on a mission to cool inflation. To that end, it raised interest rates nearly a dozen times in ...
The Social Security Fairness Act eliminated the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
Over the last 20 years, the cost-of-living adjustment has averaged 2.6%, according to the Senior Citizens League.
For an overwhelming majority of retired workers, Social Security is more than ... program's 52 million retired workers than the annual cost-of-living adjustment (COLA) reveal.
The Social Security Administration stated more than 72.5 million Americans will benefit from the 2.5% COLA increase in 2025.
On March 12, 2025, many Americans will receive their Social Security benefits with an increased amount due to the Cost of ...
Social Security recipients are getting a 2.5% increase in their benefits this year, among other key changes to the program.