The Social Security Administration will announce the 2026 COLA this coming Oct. 15. Projections indicate that the COLA will be around 2.7%, higher than was expected in January. This would give the ...
Social Security’s annual increase is intended to help beneficiaries offset the impact of inflation. Only a relatively small set of data, however, is used in the calculation of this cost-of-living ...
Social Security is the most expensive program in America’s budget. According to the Peter G. Peterson Foundation, it accounts for one-fifth of federal spending. With daunting words like “privatization ...
Many people have no clue what their Social Security benefits will actually be when they've clocked out of work for the last time — and that's a problem. While these benefits might replace only 40% of ...
Note that in years where cost-reducing deflation rather than price-increasing inflation took shape (like 2010, 2011, and 2016), the Social Security Administration doesn't reduce the size of anyone's ...