Since 1975, the Social Security Administration has adjusted Social Security payments on an annual basis to ensure benefits keep pace with inflation. These annual increases are called the Cost of ...

The Social Security Administration will announce the COLA once it knows the CPI-W figure for September. It bases the COLA on the average increase in third-quarter inflation data from the current year ...

Retirees who are confronting higher prices due to record high inflation may get some welcome news this week when the Social Security Administration announces the cost-of-living adjustment for 2023.

Social security benefits are expected to increase once again in 2024, according to a new estimate. The Social Security cost-of-living adjustment (COLA) for 2024 is expected to be 3.2%, increasing ...

In a little more than a month, Social Security recipients will finally learn the cost-of-living adjustment (COLA) for 2024. Based on current estimates as of September 2023, the COLA will likely be ...

Social Security recipients get a cost of living adjustment each year to keep up with inflation. The 2024 COLA will be 3.2%. That's less than the 8.7% COLA that took effect at the beginning of 2023, ...