Bigger payments are reaching seniors this month due to the recent Social Security cost-of-living adjustment—here’s what that means.
Tag: Social Security cola
The Downside of the Biggest Increase to Social Security Benefits in 41 Years
While next year’s large Social Security increase is good news for many, it could also come with an unforeseen downside.
11% Increase in Social Security? How Seniors Could See a Huge COLA in 2023
Could seniors see an 11% COLA in 2023? While next year’s cost-of-living increase remains to be seen, experts say it’s possible.
Looking Ahead: What Will Inflation Mean for 2023’s COLA?
Recent inflation spikes have caused economic concerns for many Americans. Could 2023’s COLA ease this financial burden?
Will Inflation Wipe Out 2022’s COLA?
The 2022 COLA is a needed boost to Social Security benefits, but it could be wiped out by inflation sooner than expected.