Social Security Report

How the Social Security COLA Process Works

The Social Security Administration annually evaluates inflation data to see if a cost-of-living adjustment, or COLA, is warranted.  This is done as an effort to keep retirees’ purchasing power constant from year to year. In Matthew Frankel’s column, he gives an overview of how the COLA process works and offers thoughts on whether or not Social Security will increase in 2018. Read article here…

Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org