Por: MarketWatch Business March 31, 2023
The trustees consider potential cost-of-living adjustments as part of their overall actuarial analysis of the solvency of Social Security. Increased benefits result in higher long-term costs for the program, but, at the same time, they foresee an easing of inflation by late summer. It’s still early in the year to know how this will pan out, and we won’t know the actual magnitude of the COLA until the fall. It is alarming news nonetheless.... + full article
CBS News USA Business March 15, 2023
Seniors and millions of others on Social Security get an annual cost-of-living adjustment (or COLA) that's geared toward aligning their monthly checks with inflation. Next year, that COLA could be 3% — or even lower — based on recent inflationary trends, according to an... + más
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With inflation still up, tips to keep your wallet happy Every fall, the Social Security Administration makes an announcement that has a major impact on the 66 million people who receive benefit checks. The annual inflation adjustment is aimed at keeping seniors from losing... + más
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Every fall, the Social Security Administration makes an announcement that has a major impact on the 66 million people who receive benefit checks. The annual inflation adjustment is aimed at keeping seniors from losing purchasing power.The agency this year is expected to announce... + más
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