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Inflation has caused increases in Social Security payments to account for the cost-of-living changes that seniors encounter ...
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, ...
Social Security’s cost-of-living adjustment for 2026 is expected to be 2.5%, analysts said Wednesday, the same increase as ...
"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 ...
The cost-of-living adjustment is important for retirees on Social Security to keep up with rising costs of living. Find out ...
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 ...
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 impact ...
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 some ...
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 ...
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 might ...