Latest News

Why Most Women Will Get a Smaller COLA Boost than Men

To begin, neither Social Security administrators nor the law itself is biased against women. But women will get a smaller cost of living adjustment (COLA) than men in January 2024. Why? It’s actually simple, according to Kailey Hagen. Women earn less overall in their lifetimes. That means a smaller benefit, since benefits are tied to work history (highest 35 years in the calculation). Thus when the 3.2% COLA is applied, 3.2% of a figure already several hundred dollars less per month than men means a smaller “raise.” Full article here.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; 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

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers