COLA
Estimated COLA information
The Cost of Living Adjustment is an automatic annual boost to Social Security and other federal benefits. It’s calculated based on the inflation rate this year as compared to last year for July to September. Since the amount of the…
Will Social Security Disappear?
Well, no – it will not. But there is the problem that Social Security’s annual cost is more than the income it receives from working Americans, and income taxes on SS benefits, and interest from reserves held in the Social…
Another 2026 COLA prediction
With the start of the summer season, many financial experts are reviewing the inflation data to make an early prediction on the cost-of-living adjustment (COLA) for 2026. But, the only months that factor into the COLA calculation are those in…
Social Security’s Average Monthly Benefit Hits a New Milestone
The month of May is expected to see the average monthly benefit for retired workers reach the $2,000 level for the first time in history. For a quick comparison, the average benefit at the same point in 2015 was $1,363,…
2026 COLA Predictions
Although the official announcement is months away, we continue to see COLA (Cost of Living Adjustment) predictions. Experts started with a prediction of 2.1 % which gradually increased to 2.4% in April. There is some disagreement about how the COLA…
Is COLA Affected by Tariffs?
The yearly Cost of Living Adjustment (COLA) is calculated based on inflation for the third quarter of the year compared to the third quarter of the previous year. Sean Williams for The Motley Fool looks into whether or not President…
2026 COLA: Good news and bad news
The Senior Citizens League (SCL), an advocacy group for seniors, regularly monitors the U.S. cost of living, with an eye towards what next year’s Cost of Living Adjustment (COLA) might be for those collecting Social Security. And even though actual…
2026 COLA Watch: Another revision
Although, it’s way too early to focus on what the January 2026 Social Security cost-of-living adjustment (COLA) might be, some organizations are tracking the inflation numbers and using them as a reference point to forecast what might happen when the…
Could COLA be Affected by Tariffs?
Millions of people rely on Social Security to help make ends meet. Each year inflation is measured by comparing third quarter numbers with the third quarter numbers from last year. This is what determines the amount of the Cost of…
What Affect will Tariffs have on Next Year’s COLA?
The Cost of Living Adjustment (COLA) is a measure of third quarter inflation from one year to the next. With tariffs in play inflation could be increased or decreased. Which way will it swing? Sean Williams for The Motley Fool…