The annual Social Security cost-of-living adjustment, or COLA, is an important feature of the program. Many retirees rely on the annual bump in benefits to help make ends meet and keep up with the ...
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In recent years, beneficiaries have seen significant increases due to high inflation. For example, the COLA for 2023 was a substantial 8.7%, the largest increase in over four decades, driven by a ...
The Social Security cost-of-living adjustment, or COLA, is based on third-quarter inflation data. We just got a look at the numbers from August, and here's what they tell us about the raise Social ...
The latest inflation data shows that the 2025 COLA will be well below the increase received in 2024. This lower increase is both good news and bad news for retirees. Retirees will get a "raise ...
However, to prevent these payments from losing value over time, annual cost-of-living adjustments (COLA) were introduced by legislation in 1973 and began in 1975. The COLA varies each year.
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Kyle Barr is a consumer tech writer for Gizmodo. When not typing up the latest on gadgets, games, laptops, desktops, and more, he's probably bumbling through a kitchen or swinging a sword.
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