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Each year, a cost-of-living adjustment — or COLA — is intended to help recipients keep up with inflation and maintain their standard of living.
Social Security COLAs are supposed to help your checks maintain their buying power. Higher COLAs mean higher inflation.
There are millions of older Americans today who rely on Social Security to pay their bills in retirement. Granted, some ...
P resident Donald Trump’s firing of the commissioner of labor statistics, Erika McEntarfer, on Friday raises serious risks ...
As such, the way inflation trends in August will have a huge impact on next year's Social Security raise. Similarly, in ...
The Consumer Price Index (CPI) tracks a basket of goods, as measured by government officials. The corresponding price ...
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