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Key Points The Fed confirmed that inflation is still elevated. The central bank decided to hold interest rates steady. While ...
On that note, the lastest 2026 COLA forecast comes with good news and bad news. The good news is the forecast trended higher, ...
"Current-law projections indicate that Medicare still faces a substantial financial shortfall that needs to be addressed with further legislation. Such legislation should be enacted sooner rather than ...
One of the less often discussed effects of Social Security hitting a wall in 2035 is the change in poverty rates. According ...
He also noticed that inflation is slowing down as the impact of the pandemic and the Russian war is fading. The Social Security Administration will announce the COLA figures in October after ...
Social Security needs to be able to adjust for inflation in several regards. And in 2025, a number of key changes are likely to arrive that could impact retirees and workers alike. Here are ...
For those receiving Social Security, the expected COLA increase in 2025 can seem like a dream come true. Prices are continuing to rise due to inflation, and these tend to have the biggest ...
There is a cost-of-living adjustment (COLA) based on an index Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Charlene Rhinehart is a ...
To help reduce the impact of inflation on retirees’ purchasing power, the Social Security Administration regularly makes a cost-of-living adjustment, or COLA, to benefits. Even with the COLA ...
EY Chief Economist Gregory Daco expects a smaller impact, telling CBS News recently that he expects inflation will rise by 1% to nearly 4%. The potential for a higher Social Security COLA ...