Category Tag: Social Security

It was announced on October 13th, 2021 that the cost of living has increased by 5.9%. What does this mean for Social Security Benefits? Social Security Benefits typically increase to stay in line with inflation. An…

The cost of living adjustment (COLA) is an increase in income that helps keep up with the rising cost of living. The COLA adjustment overlooks the cost of consumer goods and services such as: housing, transportation, medical…