Social Security recipients can expect a cost–of–living adjustment (COLA) of about 1.8%-2% starting in January, according to a new TSCL estimate. That continues a trend of extremely low COLA growth over the past five year ...
Category: Cost of Living Adjustment (COLA) Articles
Social Security Benefits Lose 30% Of Buying Power Since 2000
Social Security beneficiaries have lost nearly one-third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study released by The Senior Citizens League (TSCL). The findings rep ...
The COLA Was Only 0.3% This Year. Retirees Report Costs Grew By A Lot More
By Mary Johnson, editor Social Security’s annual cost-of-living adjustment (COLA) is provided to help people maintain the buying power of their Social Security benefits as prices go up. Since the COLA was only 0.3% th ...
Social Security Benefits Lose 30% of Buying Power Since 2000
(Washington, DC) – Social Security beneficiaries have lost nearly one – third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study released today by The Senior Citizens Leagu ...
$210 Billion COLA Cut Proposed To Pay For Trump’s Border Wall
Who will pay for President Trump’s border wall with Mexico? It’s looking increasingly unlikely that it will be Mexico, and that the money may instead come out of the Social Security benefits of older Americans. The Presi ...
Household Spending Up – Social Security Benefits Flat
(Washington, DC) – Older Americans report that their household budgets jumped substantially last year despite the lack of growth in their Social Security benefits, according to a new survey by The Senior Citizens Leag ...
Attention, Seniors: A New Social Security COLA Bill Was Just Introduced in Congress
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Social Security Benefits Go Up, But Most Beneficiaries See No Increase
Social Security recipients are finally getting a cost-of-living adjustment (COLA) this year that became effective January 1st. But if you’re like Millicent G., a 72-year-old retired veterinary technician from Williamsbu ...
If “Senior CPI” Used To Calculate COLA, Benefits Would Be 2.1% Higher In 2017 Says The Senior Citizens League
(Washington, DC) – Social Security recipients would get a cost-of-living- adjustment (COLA) that’s seven times higher this year if the annual boost were tied to the rise in the “seniors’” consumer price index, according ...
0.3% COLA Lowest Ever Paid
TSCL Pushes For Emergency COLA After a year without a cost-of-living adjustment (COLA), Social Security beneficiaries are finally getting a boost in January. But the increase, if it can be called that, is so small th ...
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