(NEXSTAR) – Last month, the Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for Social Security beneficiaries and Supplemental Security Income recipients. The increase ...
(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 ...