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Why is COLA linked to inflation and what does it mean?
The Cost-of-Living Adjustment (COLA) is a lifeline for millions of Americans on Social Security, designed to counteract ...
Staffing shortages have forced the U.S. federal government to scale back the price checks it uses to calculate the inflation rate. Economists are warning that could lead to less accurate ...
Because the increase is based on inflation, existing benefit amounts, and lifetime earnings, what that increase looks like ...
Seniors will get a 2.5% Social Security COLA next year, boosting the average benefit to $1,976 per month. The government calculates COLAs based on third-quarter inflation data that doesn't look at ...
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