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Tag: COLA

Bigger COLA

Bigger COLA a Win/Lose Scenario for Social Security Beneficiaries

June 22, 2022

A bigger COLA is potentially on the horizon, and while that can help a lot of seniors out financially, it could spell trouble for the program.

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Inflation and COLA

The Tug of War Between Inflation and COLA

May 30, 2022

Inflation and COLA have a cause-and-effect type of relationship. The rate of inflation, unless stalled, will effect our benefit amount.

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higher COLA

Inflation Ramps Up, 2023 Higher COLA Increase Likely

April 1, 2022

A new, higher COLA might be on the way as we continue to face-off against economic inflation and rising costs-of-living.

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new average Social Security payment

The New Average Social Security Payment

March 2, 2022

Thanks to the COLA increase, the new average Social Security payment is almost 6 percent higher. That means more money per month.

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