Social Security's Early 2026 Cost-of-Living Adjustment (COLA) Projection Is In -- and It's a Good News/Bad News Scenario for Retirees
What's more, surveys have shown that Social Security checks are necessary for seniors to make ends meet. A poll from nonpartisan senior advocacy group The Senior Citizens League (TSCL) found that 67% of seniors rely on Social Security for more than half of their annual income.
Social Security COLA expected to drop significantly in 2026
The latest inflation report, released on January 15, 2025, shows that December saw a 0.4% increase in the consumer price index (CPI). This was above the forecasted 0.3% rise. The core CPI, which excludes food and energy prices,
Bad News for Social Security Retirees: 2025 COLA Fails to Keep Up
Social Security’s cost-of-living adjustment (COLA) mechanism, designed to safeguard the buying power of benefits against inflation, faces challenges as inflation trends upward. The COLA for 2025, based on inflation data from the third quarter of 2024,
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from the third quarter of the previous year. In that sense, COLAs are a reimbursement mechanism to compensate retirees for the buying power benefits lost in the previous year.
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"President Trump is ordering all Federal agencies to untangle the American economy from Biden constraints," the memo reads.
Social Security Cost-of-Living Adjustment (COLA) Projected To Shrink Further in 2026
The Senior Citizens League (TSCL), a nonpartisan senior group, recently released their monthly COLA estimate, predicting that ...
Concerns cost of living pushing families online for 'unreliable' advice
When Nicole Sherwin lost her job, she found fiscal inspiration in unique places. She has saved a bunch, but not everyone is ...
February 2025 DWP benefit and tax changes explained as cost of living crisis set to deepen
February 2025 will see a number of changes including benefit payments, tax, and support for the cost of living and energy ...
DC area is ‘best of both worlds’ with cost of living, study shows
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‘It's getting worse': Silicon Valley wages lag behind cost of living
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