COLA

Social Security recipients will start receiving larger payouts in December 2022. The 8.7% cost-of-living adjustment was what caused the Social Security benefit to increase. In December 2022, Social Security claimants will begin to…

Social Security benefits are presumably on the minds of many who are getting near retirement age. If you're still working, you might be wondering if you can begin receiving payments. The quick answer is yes, but there are a few…

The new cost-of-living adjustment of 8.7% in October is expected to increase Social Security payments to beneficiaries' checks. Depending on the recipients' birthdays, the Social Security Administration makes payments on three different…

In 2023, the COLA for both Social Security and Supplemental Security Income will be 8.7 percent. This rise in benefits is the largest since 1981. Based on the rate of inflation, the Social Security Administration modifies benefits each…

Currently, inflation may raise the cost of goods and services you buy and pay for at the pump, but it may also raise your take-home income the next year. The September inflation report released this week resulted in multiple…

The federal government's primary social welfare safety net will be undergoing adjustments on January 1, 2023, affecting Social Security benefits, as millions of Americans celebrate the new year by committing to personal betterment for the…

The highest cost-of-living adjustment (COLA) in more than 40 years will bring numerous changes to Social Security in 2023. There will be further adjustments to payments in 2023 besides the increased COLA. The SSA has announced that…

Beneficiaries in the United States have their maximum SNAP benefits updated annually by the federal government to account for rising costs. The Supplemental Nutrition Assistance Program, or SNAP, formerly known as food stamps, is a…