This week, we’re diving into the history of cost-of-living adjustments and how they were first established for Social Security beneficiaries.

This week, we’re diving into the history of cost-of-living adjustments and how they were first established for Social Security beneficiaries.
Living paycheck to paycheck is an unfortunate reality for many seniors who are feeling the effects of inflation.
Monthly Social Security payments began soon after the act was put into place, and amendments soon followed.
The Social Security Lock-Box Act would ensure that any surplus in the Social Security Trust Fund would be held there for beneficiaries.
Our dive into the history of Social Security continues with a look at Social Security numbers and the first trust fund for the program.