The fiercest inflation in four decades tore through the U.S. economy in 2022, and the rising cost of gas, groceries, and monthly utilities put many Americans in a difficult financial position. But ...

A year of runaway inflation and surging prices in almost every major category — and specifically, those affecting seniors — have forced the Social Security Administration to increase the cost of ...

COLA stands for cost-of-living adjustment. It's an inflation-based increase that's rolled out annually to all Social Security and Supplemental Security Income (SSI) recipients. The Social Security ...

The COLA boost is slightly better than earlier estimates, even if we're not talking about a lot of money. But many retirees are struggling.

Social Security recipients finally have something to cheer: The forecast for next year’s Social Security increase edged up on Wednesday even after the government said inflation cooled further in June.

The fiercest inflation in four decades tore through the U.S. economy in 2022, and the rising cost of gas, groceries, and monthly utilities put many Americans in a difficult financial position. But ...