COLA

Government benefit recipients eagerly await news about potential increases to their monthly payments as anticipation for the 2024 COLA announcement builds. The COLA adjustment, calculated annually, is designed to help Social Security…

The 2024 Social Security COLA announcement is imminent, with experts and beneficiaries closely monitoring vital economic trends for clues about the expected adjustment. The COLA, which is typically announced in October and goes into…

The eagerly anticipated Cost of Living Adjustment (COLA) for Social Security benefits in 2023 is projected to fall short of the substantial 8.7% rise seen in other sectors of the economy.  Several factors contribute to this expected lag,…

October 2023 holds promising news for recipients of Social Security Disability Insurance (SSDI) benefits, as there are indications of a potential increase in payouts.  The Social Security Administration (SSA) regularly reviews and…

As the year 2024 approaches, millions of Americans who rely on Social Security benefits eagerly await news of the annual Cost-of-Living Adjustment (COLA).  This adjustment is intended to help retirees and beneficiaries keep up with…

The forecast for next year's Social Security increase has increased slightly, from 3% to 3.2%, due to August inflation figures reported by the government.  As inflation continues to be a concern for many, it is possible that this…

President Joe Biden inked the Veterans Compensation Cost-of-Living Adjustment (COLA) Act of 2023 became law on June 14, 2023, in an effort to provide much-needed financial assistance to veterans. This guarantees that veterans' payments…

Social Security recipients are in for a significant increase in their monthly benefits, with checks reaching up to $4,555 in July 2023.  The substantial rise comes as a result of a cost-of-living adjustment (COLA) determined by the…