(NEXSTAR) – The next cost-of-living adjustment (COLA) for Social Security recipients is projected to be even lower than 2025’s increase of 2.5%, which was also the lowest COLA increase in years. The ...
The COLA is called a raise because it results in a retiree’s monthly benefits check getting bigger. The purpose of it is to ...
January marks the first month for increased Social Security payments thanks to the annual cost-of-living adjustment, known as a COLA. The next adjustment won’t happen for another year, but financial ...