COLA

COLA cost of living adjustment written on papers
Thursday, October 19, 2023
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39 Comments

2024 Cost of Living Adjustment (COLA) Announced!

As expected, on October 12th the government announced the Cost of Living Adjustment (COLA) for the forthcoming year. Consistent with...

Cost-of-living adjustment for social security cards
Sunday, October 15, 2023
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36 Comments

Chairman Smith: Cost-of-Living Adjustment Is Cold Comfort for Seniors Wrecked by Biden’s Cost-of-Living Crisis

WASHINGTON – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index showed...

Social Security cards and american flag representing the high cost of living
Monday, September 18, 2023
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27 Comments

Social Security: What is the Cost-of-Living (COLA) Increase for 2024?

LADY LAKE, FL, Sep 18 - Calls have already started coming in regarding the cost-of-living increase or COLA Increase in...

investing, money
Monday, October 17, 2022
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83 Comments

Breaking: Biden-flation Leads to Largest Social Security Cost of Living Adjustment in 40 Years, Will Cause Benefit Cut Sooner Than Expected

This week the Social Security Administration announced beneficiaries will receive an 8.7% cost of living adjustment (COLA) for the year 2023. This...

A pen and glasses sitting on 2 pieces of paper. one reads ask rusty and the other social security benefits.
Monday, November 15, 2021
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0 Comments

About Computing COLA and Congressional Pay Increases – Ask Rusty

Dear Rusty: What determines the amount of the cost of living increase for Social Security as compared to the cost...

Social-Security
Monday, September 20, 2021
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0 Comments

Is My COLA Increase Based on My Current SS Benefit? – Ask Rusty

Dear Rusty: I started collecting SS when I turned 70 to maximize my income. One factor that is never mentioned...

A pen and glasses sitting on 2 pieces of paper. one reads ask rusty and the other social security benefits.
Monday, September 6, 2021
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1 Comments

About Including “COLA” in Benefit Projections – Ask Rusty

Dear Rusty: In your reply to "Confused Senior" about when to claim Social Security benefits, I noticed that you did...

Social Security cards and a bed of money representing the high cost of living
Tuesday, October 13, 2020
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5 Comments

2021 COLA Announced — Good News/Bad News

The good news is Social Security recipients will get an increase in benefits starting in January 2021.  The bad news...

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