Latest: Will There Be a Social Security COLA in 2025?
The cost-of-living adjustment (COLA) for Social Security benefits is a statutory provision that ensures that beneficiaries’ payments keep pace with inflation. The COLA is calculated based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which measures the change in prices for a basket of goods and services purchased by urban wage earners and… Read More »